Justin Lee
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Articles by Justin Lee
S$1.5bn capital requirement no bar to incorporating Singapore retail operations
The attractions of Singapore’s retail market means MAS’s requirement for international banks to incorporate their local operations will be adhered to
China abandons early adoption plan for Basel III
China Banking Regulatory Commission drops plans to implement Basel Committee timetable early because of eurozone and domestic growth fears
Second generation volatility ETPs not hamstrung by contango
Second generation volatility products are a much better investment than their previous iteration, according to one hedge fund manager – but buyers previously burnt by this asset class may be tough to convince
Lack of local market-makers hampers the development of Asean ETFs
A reliance on external players is holding back the ETF sector in Malaysia and Indonesia
Asian trade finance at risk from Basel III
Paul Harrald of Standard Chartered tells Asean Risk 2012 conference that Asian banks providing trade finance services will struggle to meet Basel III rules on leverage ratios
Eurozone crisis to have limited impact on southeast Asia – Asean Risk 2012
Resilience in regional markets will insulate Asian nations from any European slowdown, say economists during Asean Risk 2012 roundtable
DTCC looking to ink agreements with other trade repositories in Asia
US firm takes steps to co-ordinate the reporting of OTC trades between different Asian locations
Taiwan FSC builds towards Basel III
The vice chairperson of Taiwan’s Financial Supervisory Commission says Taiwan will be adopting Basel III but the regulator is still undecided on establishing a local central clearing house
Korea ELW crackdown leaves traders unhedged
Dealers are left unable to hedge ELS positions as liquidity dries up in Korea’s warrant market
Taiwan’s trade repository setting up reporting agreement with DTCC
Taiwan, home to Asia’s first trade repository, is looking to ink a reporting agreement with DTCC
Urwin takes top Asia-Pacific role at JP Morgan
Jeff Urwin adds regional responsibilities to existing global position
Palm oil producers look to lock in high prices
With crude palm oil prices rising 30% in the last six months, interest in hedging downside risk from palm oil producers is on the increase. So are producers locking in prices now or waiting for the market to rise even further?
Regulator Q&A: Grant Spencer, deputy governor, Reserve Bank of New Zealand
Despite New Zealand’s domestic banking sector escaping the worst ravages of the recent financial crisis, the Reserve Bank of New Zealand is not wasting any time in introducing the Basel III framework – but with a local twist
Korea Investment Corp appoints new chief investment officer
Sovereign wealth fund names Dong-ik Lee as CIO for three-year tenure
New Zealand proposes partial earlier adoption of Basel III capital requirements
New Zealand regulators have opted to bring in the capital conservation and counter-cyclical buffers ahead of the Basel Committee schedule – but market participants are unsure if this is necessary
Singapore banks lukewarm on covered bonds
Banks in Singapore are unlikely to issue covered bonds in large amounts even if the local regulator’s consultation on the issue is successful
China prepares for launch of cross-border ETF market
In the tightly regulated Chinese economy, the launch of ETFs linked to overseas shares marks a new form of investment vehicle available to mainland investors. However, challenges still remain due to structural differences in Chinese manufactured ETFs
Market welcomes ‘pragmatic’ approach to central clearing by MAS
Singapore regulator wants central clearing but is agnostic over where it takes place
Regulator Q&A: Amando Tetangco, governor of the Central Bank of the Philippines
The head of the Philippine central bank explains how Basel III has a “perverse” impact on countries with strong fiscal discipline and why the Sifi designation is less important than rigorous regulation