Conduct, Culture & Accountability

ASIC Sues Regional Banks Over Unfair Loan Contracts

05/09/2019

ASIC says the terms in Bank of Queensland and Bendigo and Adelaide Bank loan contracts could cause detriment to small businesses.

AI Risk & Governance

India Government Panel Pushes for Fintech, Regtech Adoption

04/09/2019

The panel has also proposed the development of a marketplace model for P2P lending, and the introduction of virtual banking in India.

Conduct, Culture & Accountability

Compliance Training Failing to Deliver Meaningful Outcomes

04/09/2019

Efforts to shape employee behaviour through compliance training have failed to deliver meaningful outcomes, says a new report from Quinlan & Associates.

Capital Adequacy

Capital Adequacy Deteriorates at Korean Internet-only Banks

04/09/2019

The capital adequacy ratios of K Bank and Kakao Bank have fallen to 10.62% and 11.74%, respectively, compared 15.34% at Korea’s other institutions.

Reporting & Disclosures

GRI Sets Up in Singapore to Promote Sustainability Reporting in ASEAN

04/09/2019

The new ASEAN hub will generate valuable know-how for ESG reporting and sustainable finance, and contribute to Singapore’s development as a financial centre, says SGX CEO Tan Boon Gin.

Trading & Investment

China Awards Deutsche, BNP ‘Class A’ Underwriting Licences

04/09/2019

The licences mark the first approvals allowing foreign banks to act as lead underwriter for domestically issued bonds, for both local and foreign companies.

Supervision & Enforcement

Enforcement Actions Will Be Publicised, APRA Clarifies

04/09/2019

Publicising enforcement actions gives the community confidence that financial institutions are being held to account when they do the wrong thing, said APRA deputy chair John Lonsdale.

Trading & Investment

China Allows Unlisted Companies to Issue Convertible Bonds

03/09/2019

Allowing non-listed enterprises to issue non-public convertible bonds will broaden their funding channels and lower financing costs.

Credit Risk

Brokers Under CSRC Scrutiny for Stock Pledge Business

03/09/2019

Securities companies are asked to carefully check and rectify any non-compliant stock pledge business and strengthen risk management and controls.