Asia Risk - Asia Risk September 2011
Articles in this issue
CME delays dollar/renminbi futures due to settlement system issues
The US exchange operator hopes to create a transparent, liquid futures contract for renminbi, offering an alternative to the privately negotiated market. But the launch was delayed due to settlement system problems and some traders believe the exchange…
Korea short-selling ban leaves dealers reeling
Korean regulators unveiled a three-month short-selling ban in a bid to calm equity markets following a 17% fall in the Kospi since the start of this month. The prohibition went live on August 10, forcing major dealers to unload excess stock inventory at…
Indian banks adequately capitalised for Basel III – Shyamala Gopinath profile
The outgoing deputy governor of the Reserve Bank of India, Shyamala Gopinath, is confident that Indian banks have the necessary capital cushion to absorb the additional requirements of Basel III.
SOR headache for Singapore banks as rates enter negative territory; MAS defends stance
Profits at banks in Singapore issuing mortgages and loans based on SOR may be severely dented as the rate turned negative for the first time last week and is predicted to remain this way in the medium term
Deutsche pips UBS to BT Financial deal
Deutsche Bank has secured a contract to offer CPPI to clients of BT Financial in Australia, via its wrap platform.
Structured Products Asia 2011: ‘Copy and paste’ KFS not good enough, says SFC’s Law
SFC policy director says some product issuers still provide inadequate key facts statements
Australian regulator moves to implement Basel III two years early
The Australian banking regulator has proposed the country’s banks meet new Basel III capital and liquidity rules two years ahead of G-20 commitments. The proposal has drawn immediate criticism from the Australian Bankers’ Association
A-share ETF investors to face higher tracking error due to SFC collateral rule change
A new rule from the securities regulator, effective September 12, means some Hong Kong-listed A-share ETFs will have to fully collateralise counterparty risk exposure from their P-note issuers. The move could cause existing investors to rethink their…
Hong Kong regulator moves to authorise renminbi products under RQFII
Hong Kong regulatory platform ready to approve RQFII products; China’s central bank says priority to be given to Hong Kong-based subsidiaries of mainland banks and fund managers
Asia Risk technology rankings 2011: The results!
Buyouts and divestments were not the only interesting developments shaking up the delivery of risk management, pricing and analytics, and trading technology in the Asia-Pacific region during the past year. New rules and regulations were also a…
Spread options, Farkas's lemma and linear programming
Spread options, Farkas's lemma and linear programming
Japan FSA’s simple formula for operational risk capital
A simple formula for operational risk capital
Prop trading ban set to crimp market-making and hedging activities
Putting a stop to prop
Corporate profile: Containing risk at China’s CSCL
Containing risk
Are Aussie iTraxx trades the right hedge?
On the right iTraxx?
The product no-one wants to sell: portability held up by lack of rules
Under-the-counter derivatives
Dealers move to secure derivatives clearing gateways in Asia
Courting counterparties
Special report: Clearing and settlement
Special report: Clearing and settlement
Forging an iron ore derivatives market in Asia
Forging a new benchmark
State-sponsored money and the new market order
Sovereign wealth of nations
Australia’s international connections cause risk management and regulatory headache
Risk & Return Australia 2011
On the move
On the move
Can risk managers take action against sovereign meltdown?
A risk too far?
