Asia Risk
Hong Kong retirement funds may be exempt from Fatca
The largest pension schemes in Hong Kong can potentially be exempted from Fatca after being judged by the US to be low risk for tax evasion
Q&A: Solving the RWA conundrum
How to define RWAs has prompted debate across the global industry but Standard Chartered head of portfolio risk, Paul Harrald, says he has a solution
CME launches three-year CNH futures contract to meet dim sum bond hedging demand
CME to offer CNH futures from February 25; becomes second provider after HKEx launched CNH futures contract last September
Dodd-Frank will hit Asian banks onshore in the US
Dodd-Frank will require some foreign banks to set up intermediate holding companies for their US operations and also subject them to enhanced liquidity, supervision and stress testing. How will Asian banks be affected given the flow of US dollars from…
Philippine central bank NDF curbs won’t stop peso appreciation
Attempts by the Philippine central bank to curb increases in the value of the local currency won't work, according to market observers
Asia steel derivatives market struggling to compete with iron ore
Steeled for the fight
US firms returning to iron ore derivatives after SGX and CFTC clear regulatory obstacles
The CFTC’s no-action relief letter issued late last year and SGX’s upcoming iron ore futures contract have ended uncertainty and brought back hesitant market participants
Global liquidity flows threatened by Dodd-Frank provision on foreign banks
Japanese banks criticise proposed US regulation of foreign banking entities
HKMA warns banks not to weaken liquidity profile to benefit from LCR phase-in
Hong Kong regulator to consult banks on new LCR this quarter and assess level playing field implications before deciding on whether to adopt a phased approach
Asian covered bond market set to take off
Running for covered
Undeveloped Asian capital markets continue to make hedging difficult
A lack of liquidity is still providing problems for corporates looking to hedge – even in Hong Kong
HKEx to start OTC clearing in April
The Hong Kong bourse is set to start OTC derivatives clearing in April and is planning to expand its cross-asset derivatives offering over the next two to three years
Opening up of China market will not deplete Hong Kong RMB liquidity
The renminbi deposit base in Hong Kong banks will not face depletion even as investors have more ways of remitting the currency back to mainland China, say speakers at the Asian Financial Forum
Japan: Initial margins on OTC clearing of forex swaps not desirable
Japan questions the current framework for clearing foreign exchange derivatives
Asia needs bigger voice in international financial rule-making
Regulators from Malaysia, Dubai and Australia call for more countries in the region to take a stronger role in shaping the global agenda
Exits for two more Asia commodities heads
Gunnar Hoest, head of commodities, Asia, has left Deutsche Bank while Morgan Stanley's Harry Soh is set to retire, sources have confirmed
Central clearing: what obstacles remain for Asia?
Despite the deadline for introducing central clearing already passing, a number of questions are unanswered. Leading figures from around the region voice their concerns
Chinese banks to emphasise fees over asset growth in the coming years – PwC
Basel III not the main challenge for China banks – instead interest liberalisation is their main focus
Lack of clarity over clearing provides problems for Asia banks
The deadline set by the G-20 to clear all standardised OTC derivatives has passed but a lack of regulatory clarity over the shape of reform is hampering banks in the region
India extends Basel III timetable to enable banks to raise capital
Decision to push back Basel III implementation motivated by capital concerns, say market sources
Credit Suisse loses Korea head of equity derivatives
Charlie Shin has left the Swiss bank
Second helpings – Aaron Woolner column
Second helpings
On the move
On the move
Impact-adjusted valuation and the criticality of leverage
Impact-adjusted valuation and the criticality of leverage