Hong Kong is not obliged to enforce unilateral sanctions imposed by individual jurisdictions including the US, a senior official said in regards to Huawei's alleged dealings with Iran.
OTC derivatives participants will be subject to new risk mitigation requirements, as well as conduct requirements for dealings with group affiliates and related parties.
European legislators have reportedly agreed to initially introduce only the reporting requirements under FRTB and delay the capital requirements.
The updated framework accounts for finalised post-crisis reforms under Basel III and includes new disclosure requirements for asset encumbrance and capital distribution constraints.
Hong Kong Not Obliged to Enforce US Sanctions – ReportDecember 13, 2018
SEBI Allows Mutual Funds to Segregate Distressed Assets in PortfoliosDecember 13, 2018
Philippines to Introduce Basel III Countercyclical Capital BufferDecember 13, 2018
SFC Concludes Consultation on Enhancements to OTC Derivatives RegimeDecember 13, 2018
FRTB Capital Requirements Set for Further Delays – ReportDecember 13, 2018
RBI Fines Indian Bank for Violating Cybersecurity NormsDecember 12, 2018
NAB to Migrate Core Banking Systems to CloudDecember 12, 2018
Basel Committee Finalises Pillar 3 Disclosure RequirementsDecember 12, 2018
Australia’s Banking Oligopoly Lacks Mortgage Price Transparency – ACCCDecember 11, 2018
RBI Governor Resigns Before Term-End, Citing ‘Personal Reasons’December 11, 2018