Capital Adequacy

MAS Issues Capital Adequacy Consultation

26/07/2017

Revised Notice 637 on banks’ capital requirements set to bring Singapore in line with Basel III, starting from January next […]

KYC & CDD

Singapore Regtechs Innovate New KYC Methods

24/07/2017

Regtech firms Silent Eight and Black Swan technologies emerge from OCBC’s Open Vault to cut KYC processes from up to […]

Cloud & Infrastructure

Regulatory Support Behind Fintech’s Rise – EY

24/07/2017

Asia Pacific countries lead adoption as sector gains traction, backed by due to greater support, and affirmation, from regulators and […]

Market Abuse

Japanese Brokers Face Scrutiny of Information Controls

24/07/2017

Securities Dealers Association aims to ensure brokerage managers who are also investment bankers don’t reveal inside information. The new chief […]

Emerging Prudential Risks

China WMP Risk Concerns Re-emerge

24/07/2017

CBRC has instructed some banks to reduce rates on wealth management products amid their use as a means to bypass […]

Structural Regulation

Australia Incentivises Fintech with Regulatory, Funding Initiatives

20/07/2017

Treasury confirms removal of $40mn capital requirement for firms to use ‘bank’ label; Sydney, Melbourne fintech hubs win state government support.

Liquidity Risk

NSFR Pushes Singapore Banks to Prioritise Long-term Funding

20/07/2017

NSFR requires locally-based D-SIBS to have customer deposits, long-term wholesale funding and equity sufficient to cover extended period of market stress.

KYC & CDD

HK’s New Financial Services Chief Advocates Centralised KYC Registry

19/07/2017

Top official says updated ID cards with greater security could be used as basis of the centralised KYC; boost Hong Kong’s status in fintech.

Capital Adequacy

APRA Sets out Vision for ‘Unquestionably Strong’ Banking System

19/07/2017

APRA says ‘unquestionably strong’ means a CET1 capital adequacy ratio of 10.5% ; some lenders expected to require 150bp increase.