Capital Adequacy

More CCP Capital Leads to More Prudent Risk Management – BIS Paper

26/02/2019

For-profit CCPs have incentives that are misaligned with financial stability, typically holding less capital and requiring less from clearing members than is optimal, says a BIS working paper.

Anti-Money Laundering

FATF Commends China, Sri Lanka; Watchlists Cambodia

26/02/2019

The Financial Action Task Force has marked the end of its fourth round of mutual evaluations with an announcement of its latest plenary session last week.

Conduct, Culture & Accountability

MAS Discusses Supervisory Toolkit for Fund Managers – Speech

19/02/2019

MAS places emphasis on conduct and individual accountability in its supervisory approach, using data analytics to help identify unusual trends and flag outliers among fund managers.

Anti-Bribery & Corruption

Former Bangladesh Bank Official Jailed for Graft

19/02/2019

A former Bangladesh Bank assistant director was fined and sentenced to 10 years in jail for misappropriating $61,700 more than 20 years ago.

Capital Adequacy

RBNZ ‘Open-Minded’ on Bank Capital Requirements

15/02/2019

KPMG’s John Kensington says the proposal to raise bank capital requirements could stress the lending market. RBNZ’s Adrian Orr defends the plan, but vows to remain “open-minded”.

Cloud & Infrastructure

BigTechs, Outsourced Services Pose Financial System Risk – FSB

14/02/2019

The FSB warns that BigTechs can achieve scale in finance very quickly, raising competitive pressures on incumbents. Rising dependencies on third-party services also present risks.

Data Privacy

Data Privacy, Cybersecurity, Conduct in Focus in APAC

14/02/2019

Data privacy, conduct & culture, cybersecurity and AML will be in focus in APAC for the next three years, according to a new report from Fenergo.

Emerging Prudential Risks

FSB Details Work Programme for 2019

13/02/2019

In addition to identifying emerging risks, the FSB will focus on finalising, operationalising and monitoring the implementation of post-crisis reforms.

Capital Adequacy

Full Implementation of Basel III Needed at the National Level

11/02/2019

The current system of national implementation does not favour full implementation of post-crisis regulatory reform, says German central banker Joachim Wuermeling.