Asia Risk/News
China opens interbank bond market to foreign central banks
Move is among most significant towards renminbi liberalisation since QFII, says StanChart
China Treasury bond futures hit by cash equity volatility
Increase in volatility as traders exit positions to fund equity portfolios
Thai Government Pension Fund eyes deeper bond futures market
Fund has large fixed-income assets but there are limited hedging opportunities available
'Rollercoaster day' in Hong Kong stresses dealers' exotic books
Autocallable knock-in levels under pressure but losses averted
Singapore clearing mandate timed to avoid US/Europe overlap
With sufficient clearing options now available MAS is ready to set out clearing mandate
Provincial bond issuance could revive Chinese CDS market
China's CDS market needs new structure if it is to win over investors
No dealer hedging panic from Hong Kong market plunge
China fears, not Grexit, see Hong Kong market rattled more than peer indexes
Taiwan banks challenged by post-Tarf loss regulations
Crackdown on "high risk" derivative products drives up dealers' costs
Japan banks still not pricing CVA into derivatives trades
A loans-focused business model means credit risk mitigation a low priority
Former Icap Singapore head takes senior position at BGC
Anthony Warner retired from the interdealer broker in August last year
Lack of renminbi derivatives may foil currency's SDR entry
Scant liquidity seen as big hurdle to inclusion in special drawing rights basket
High securities borrowing costs limit China hedging options
Recent falls on China's stock markets highlight the need for hedging tools – but these remain limited
Korea insurers increase risk to counter falling interest rates
Loose monetary policy leaves firms with no option but to buy overseas assets
Philippines central bank to implement Basel III liquidity rules
Central bank governor says local banks ready for the LCR
Aussie sovereign wealth fund readies for lower future returns
Future Fund takes a flexible approach to deal with ongoing deleveraging
Quant fund approaches need refining in China market
Rich pickings are available but market fundamentals differ from Europe and the US
Zurich Asia CEO calls for greater focus on cyber risk
Complacency still prevalent among companies in Asia
Nomura exec: client clearing scale insufficient outside Japan
Competition is set to intensify for Japan OTC clearing market as Sumitomo Mitsui Trust Bank starts client clearing
India to relax rules preventing corporates selling options
New guidelines expected for corporates that want to write options
Japan regulators further relax electronic trading mandate
JFSA initially to mandate only three tenors of IRS for platform trading
Hong Kong urged to speed up commodity pricing in RMB
HKEx must beware threat from Shanghai FTZ in RMB commodity trade
'Contradictory' Basel III regulations causing market distortions
Implementation of regulation such as Basel III is causing unusual outcomes say market participants
Philippines 5% leverage ratio causes few ripples
BSP brings in one of the highest basic leverage ratios globally, but local firms are unconcerned
India regulator mulls launch of offshore rupee market
RBI explores possibility of capital convertibility through offshore INR trading