United States

Liquidity Risk

Federal Reserve Consults on New Rules for Foreign Banks in the US

By Editors | 11/04/2019

The proposals could relax capital and stress testing requirements for US branches of foreign banks, but impose stricter liquidity rules on those that engage in riskier activities.

Anti-Money Laundering

Standard Chartered Fined Over $1bn by US, UK Authorities

By Editors | 10/04/2019

Standard Chartered Bank will pay $947mn to US authorities for poor AML controls and sanctions breaches, and $134mn to the UK FCA for AML breaches.

Clearing & Post-Trade

DTCC Partners with Droit to Automate Pre-Reporting Decision-Making

By Editors | 10/04/2019

DTCC’s pre-reporting solution can now determine – in real-time – the global cross-regulatory reporting implications and obligations for a particular transaction.

Structural Regulation

Merger Benefits Diminished Under Existing JPX-TOCOM Plan

By Editors | 07/04/2019

The current plan to keep crude oil and petroleum products on TOCOM will diminish the benefits of the planned merger with JPX.

Clearing & Post-Trade

Talking Disintermediation by DLT with DTCC’s Rob Palatnick

By Manesh Samtani | 04/04/2019

Regulation Asia sat down with DTCC’s Rob Palatnick to discuss his views on how far DLT will go in disintermediating the financial industry.

Structural Regulation

EU, Singapore Adopt Decision to Mutually Recognise Derivatives Venues

By Editors | 01/04/2019

The European Commission recognises Singapore trading venues as MiFIR-compliant; MAS has exempted EU trading facilities from its markets licensing requirements.

Trading & Investment

Automated Trading Does Not Impact End-of-Day Volatility – CFTC

By Editors | 01/04/2019

A new report reveals that the rise of automated orders has not resulted in a systematic increase in end-of-day price volatility over a 6 year period.

Credit Risk

CFTC Approves Margin Comparability Determination for Australia

By Editors | 28/03/2019

Despite some differences between its own rules and Australia’s regime for uncleared swaps margining, the CFTC has determined that the end result is the same.

Capital Adequacy

CFTC Expands Margin Comparability Determination for Japan

By Editors | 27/03/2019

The amended determination for Japan finds comparability regarding the scope of entities subject to the margin requirements, and the treatment of margining for inter-affiliate transactions.