CAPITAL / LIQUIDITY

AML / KYC

Top CBRC Adviser Flags Failures to Address Operational Risks

By Samuel Riding | 06/09/2017

CBRC chief adviser and former SFC chief Dr Andrew Sheng says regulation risks pro-cyclicality when real economy requires structural change.

Capital / Liquidity

SAS, KPMG Launch Microsoft Azure-based IFRS 9 Solution

By Editors | 31/08/2017

Technology will be offered 1st in Singapore to meet January 2018 IFRS 9 deadline, can be extended to stress testing and other regulatory requirements.

Capital / Liquidity

Philippine Central Bank Strengthens Compliance Standards

By Editors | 28/08/2017

Chief compliance officer must be full-time, boards given overarching responsibility; foreign banks must translate all documents into English.

Capital / Liquidity

Singapore Regulator Issues Resolution Regime

By Samuel Riding | 24/08/2017

Resolution regime includes four stage assessment criteria for financial institutions, emphasises private sector role; to be operationalised ‘in due course’.

Capital / Liquidity

S.Korea Eyes Deregulation to Encourage Banking Competition

By Samuel Riding | 23/08/2017

FSC to come up with deregulation plan by end-of year; wants more challengers to financial sector incumbents after approval of internet-only banks.

Capital / Liquidity

Dodd-Frank in Trump’s Crosshairs

By Peter Guy | 21/08/2017

Ignore the US President’s recent legislative failures. Shots at his next target – financial regulations – are likely to hit home, and abroad.

Capital / Liquidity

China Financial Regulation Needs to be Stronger Still – IMF

By Samuel Riding | 17/08/2017

IMF praises measures such as inclusion of WMPs in bank assessments but cites concerns about growth in debt and banking sector assets.

Capital / Liquidity

Malaysia Launches Leverage Ratio Consultation

By Editors | 17/08/2017

Banks will be required to calculate leverage ratios as of June 30 this year in response to consultation before full requirement comes into effect.

Capital / Liquidity

Australia Eyes Provisional Market Access for Aspiring Banks

By Samuel Riding | 16/08/2017

Restricted ADI licensees would need only $2.35mn in capital to take deposits; APRA paper does not address budget proposal to remove ‘bank’ capital requirements.