RFPC 2020

Hong Kong Summit

6th Annual Inside ASEAN – Spotlight on Malaysia

Credit Trends 2020 Sydney

ムーディーズ証券化コンファレンス2020 / Japan Structured Finance Briefing 2020

Hong Kong Government: Behind the downgrade and change in outlook

IA of Hong Kong Publishes Stress Testing Scenarios in Relation to ORSA

IA of Hong Kong published the prescribed scenarios for stress and scenario testing to be used by the authorized insurers conducting general insurance business.

CBB Publishes Consultations and Revised Rules in December 2019

CBB published various consultations and revised regulatory modules that are relevant for Islamic and conventional banks, insurers, and the investment business of banks.

More Questions Than Answers on Trade Agreement

The impending Phase One trade agreement between the U.S. and China has delivered more questions than answers. The Office of the U.S. Trade Representative posted a two-page fact sheet on December 13 detailing the pending agreement in general terms but provided few details.

MAS Receives Interest from 21 Applicants for a Digital Bank License

MAS has received 21 applications for digital bank licenses until the close of the application period on December 31, 2019.

PBC Outlines Work Priorities for 2020 in a Conference Held in Beijing

PBC published a statement on its Working Conference held in Beijing during January 02-03, 2020.

HKMA Revises Policy Manual and Returns for Reporting of Liquidity Risk

HKMA revised the Supervisory Policy Manual module LM-1 on regulatory framework for supervision of liquidity risk.

HKMA Consults on Assessment Framework on Green and Sustainable Banking

HKMA issued a letter to the Hong Kong Association of Banks and the DTC Association for consultation on the common assessment framework for green and sustainable banking.

PBC Fintech Committee Outlines Work Plans for 2020

PBC published a statement on the Financial Technology Committee meeting, which was held in Beijing.

Foreign Direct Investments in Asia: Trends and Prospects

Asia as a region has attracted the largest share of global FDI flows since 2017 and despite the ongoing U.S.-China trade war, the region is well positioned to continue being the top destination for foreign investments in the years ahead.

HKMA Revises Policy Modules Related to Banking Exposure Limits Rules

HKMA published revised versions of five Supervisory Policy Manual modules, in the Gazette, as statutory guidelines under the Banking Ordinance. All of these modules relate to the guidance on Banking (Exposure Limits) Rules (BELR).

IMF Reports Assess Banking Sectors in Ghana, HK SAR, India, and Turkey

IMF published reports under the 2019 Article IV consultations with Ghana, Hong Kong Special Administrative Region (HK SAR), India, and Turkey.

HKMA Publishes List of Systemically Important Banks in Hong Kong

HKMA published the list of institutions that have been designated as domestic systemically important authorized institutions, or D-SIBs, as of January 01, 2020, along with the associated Higher Loss Absorbency (HLA) requirements for these institutions.

MAS Issues Guidance on Application of Laws to Digital Token Offerings

MAS published general guidance on the application of the securities laws administered by MAS in relation to offers or issues of digital tokens in Singapore.

HKMA Report on Artificial Intelligence Application in Banking

HKMA published a report that examines the ways in which artificial intelligence is contributing to the reshaping of banking sector. This report is part of a series of publications on the study of the opportunities and challenges of applying artificial intelligence in the banking industry.

APRA Releases Consultation on Superannuation Data Transformation

APRA released the second consultation package on the Superannuation Data Transformation project.

APRA Makes Minor Amendments to Large Exposures Framework for Banks

APRA is introducing minor changes to the large exposures framework for authorized deposit-taking institutions.

HKMA Consults on Policy Module on Capital Adequacy Regime for Banks

HKMA issued a consultation on the Supervisory Policy Manual module CA-G-1, which provides an overview of the capital adequacy regime for locally incorporated authorized institutions.

APRA Raises Capital Requirements for Westpac, Launches Investigation

APRA has launched an investigation on Westpac Banking Corporation and decided to impose an immediate increase of $500 million in the capital requirements of Westpac, given the magnitude and nature of the issues alleged by AUSTRAC.

HKMA Announcement on Timeline for Implementation of Market Risk Rules

HKMA announced that it will closely monitor the progress across major jurisdictions on the implementation of market risk capital requirements and finalize the timeline for Hong Kong when there is more clarity on the implementation status internationally.

HKMA on Exposure to HKMCI Arising from Provisions of Guarantee Scheme

HKMA issued a circular on exposure to HKMC Insurance Limited (HKMCI), a wholly owned subsidiary of The Hong Kong Mortgage Corporation Limited, with respect to 90% Loan Guarantee Product under the SME Financing Guarantee Scheme or SFGS (90% Guarantee Scheme).

APRA Updates Lists of Validation and Derivation Rules in December 2019

APRA updated the lists of the Direct to APRA (D2A) validation and derivation rules for authorized deposit-taking institutions, insurers, and superannuation entities.

MAS Amends Notices on NSFR and Single Counterparty Credit Exposures

MAS published amendments to the Notice 652 on net stable funding ratio (NSFR) and Notice 656 on exposures to single counterparty groups for banks incorporated in Singapore.

APRA Licenses IN1Bank Ltd as Restricted Deposit-Taking Institution

APRA announced that it has granted IN1Bank Ltd a license to operate as a restricted authorized deposit-taking institution, under the Banking Act 1959.

APRA Announces Upcoming Changes to D2A and Extranet to Replace AUSkey

APRA notified that AUSkey, which is the authentication credential for Direct to APRA (D2A) and the APRA Extranet, will be replaced with myGovID, Relationship Authorization Manager (RAM), and machine to machine (M2M) credentials.