Asia Risk/News
JFSA calls for substituted compliance on uncleared margin rules
Deputy commissioner Shirakawa says remaining differences make this more important
China could restrict offshore program trading in Hong Kong
Cross-border co-operation agreement already exists between CSRC and Hong Kong's SFC
Global banks support 5% threshold for margining uncleared swaps
A lack of netting statutes and low volumes make requirements excessive for emerging markets
CFTC's Giancarlo blames dwindling liquidity on bank regulators
Insolvency risk has been transformed to liquidity risk, says CFTC commissioner
Clearing houses reject standardised 'skin in the game'
Overly punitive requirements on CCPs could skew incentives
Eurex head dubs CCP link-up fans 'liquidity have-nots'
Eurex and EuroCCP chief executives clash over merits of interoperability
China’s futures clampdown hits Hong Kong warrants
Volumes of derivatives linked to China A-shares fall 83%
EU's benchmark rules risk stifling innovation – CFTC chairman
Massad warns of heavy-handed regulation from Europe
Repeat of Asian crisis ‘unlikely’, say Singapore bank chiefs
Policy-makers responding more proactively to risks than in 1997
Iosco, Asifma urge early global co-operation on future rules
Joining forces early on would create more cohesive regulation
JFSA's Mori warns on over-regulation of banks
"The factories manufacturing new regulation are still operating at their full capacity"
Korea Securities Depository aims to be industry-owned utility
KSD lost the tender to be the domestic TR but will operate the LEI process
Harmonisation will always be elusive, says Asic commissioner
Australian securities regulator balances international standards with national rules
HSCEI Korea structured product losses spark regulatory fears
Potential losses for global banks and local firms estimated at $300 million
India supervisor turns its attention to commodity brokers
Sebi will strengthen oversight of commodity markets
Australian regulator may review nexus trade approach
Asic commissioner hints at reviewing treatment of nexus trades
JSCC applies to US for exempt clearing status
Japan clearing house abandons three-year-long application to become approved DCO
China allows central banks to trade forex derivatives onshore
Asian nation takes another step towards renminbi liberalisation
Market liquidity has been drained by regulations, says DBS chief
Volcker, Basel III and Dodd-Frank have combined to reduce liquidity
SGX mothballs US dollar swap clearing
Insufficient demand causes service to cease – however exchange says it may reintroduce it later
Frankfurt launch of CSI 300 index futures under review
Impact of Chinese volatility reaches Europe with latest delay
'Systemic risk' created by margining into non-netting jurisdictions, says StanChart
Local regulators are considering exempting banks from posting margin where there is no netting certainty
SGX 'ahead of the curve' on CCP capital, argues director
Singapore Exchange puts up 25% of default fund capital; European and US CCPs contribute 2.6%
ASX gets first DCO exemption from CFTC
Four Asian CCPs have applied, but Australian outfit is first to win an exemption