National Australia Bank’s A$300 million certified climate bond is the first green bond from an Australian financial institution. It is also the world’s first bank bond to be certified as a climate bond
Better disclosure and more transparent board selection would help improve corporate governance in Asia’s capital markets, according to industry participants
Chinese companies can now use onshore assets to guarantee bonds if proceeds are used offshore. But credit enhancement structures will develop as long as issuers plan to remit cash onshore
The region’s banks have more than enough Repo markets in Asia are growing and new banking regulations make it more expensive for banks to hold assets on their own books. But collateral in the region must be permitted to move across borders. While dealers in other jurisdictions may complain about a shortage of collateral, the market remains relatively simple in Asia: it's predominantly cash.
The Association's annual conference last month saw influential rulemakers clarify their positions on TLAC, cross-border cooperation and RMB internationalisation
Bank of China's RMB 39.94 billion ($6.5 billion) additional tier 1 (AT1) offering proved the depth of Asia's capital markets. The bank's innovative structure has also set a precedent for the rest of the industry.
The Stock Connect has been subject to significant scrutiny about the lack of trading volume. But market participants believe critics should focus on the scheme's longer-term implications
Australia’s treasurer has released its long-awaited Financial System Inquiry Report. It could change the way banks in the country manage regulatory capital
