Credit Risk

Steps to Cool Property Market Having Positive but Modest Effect, reports RBA

01/06/2015

The Reserve Bank of Australia has reported that its measures to cool investment lending in housing seem to be working.

Structural Regulation

Alibaba Affiliated Online Bank to Commence Operations

01/06/2015

The CBRC has given the green light for MYbank to start operating in June.

Clearing & Post-Trade

ASIC Issues Derivative Transaction Rules for Central Clearing of OTC Trade

29/05/2015

The Australian Securities and Investments Commission is seeking industry views on new derivative transaction rules to govern the mandatory central clearing of over-the-counter trade from April next year.

Anti-Bribery & Corruption

Hong Kong Reviews Impact of FIFA Probe on Banks

28/05/2015

Hong Kong is “monitoring the implications” for banks following bribery and corruption charges against officials of the football governing body FIFA.

Trading & Investment

China Expects $2.5 Trillion Silk Road Trade Boosting RMB

28/05/2015

China’s New Silk Road project that will link the country to key markets in Asia all the way to Europe is expected to generate $2.5 trillion in trade in 10 years and boost renminbi’s use.

Conduct, Culture & Accountability

Investment Banks Need Corporate Culture Shift, says ASIC

28/05/2015

ASIC has issued reports to the boards of several investment banks on potential deficiencies in their corporate culture.

Emerging Prudential Risks

Australia’s RBA to Monitor Underground Home Loans

27/05/2015

The Reserve Bank said the use of lending controls on banks can only be pushed so far, warning that it could also drive buyers elsewhere for their loans.

Capital Adequacy

Philippine Banks’ Capital Buffer Slid Slightly Amid Tougher Regulation

27/05/2015

Major banks’ capital buffer recorded slight decline although remaining at comfortable levels at the end of last year as banks raised record amounts of cash to meet tougher regulatory requirements.

Structural Regulation

Indonesia’s Five-Year Plan May Consolidate Islamic Banks

26/05/2015

Indonesia is preparing a five-year plan to develop Islamic finance by encouraging the three large state-owned Islamic banks ‎to merge, a move that could spur smaller players to link up in order to remain competitive.