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Fraud, Scams & Cybercrime
Vietnam Banks Ordered to Improve Internal Security
07/03/2018
Central bank instructs commercial lenders to improve staff oversight, upgrade security technology and boost fraud-related information sharing.
Credit Risk
Bangladesh Banking Sector Faces Bad Loan Crisis
07/03/2018
Speakers at banking conference call for an immediate solution to Bangladesh’s 10 percent NPL ratio, the highest in the region.
Structural Regulation
ASIC Consults on Oversight of New Financial Complaints Body
06/03/2018
The regulator seeks feedback on whether firms need transitional relief from dispute resolution disclosure obligations in the lead up to the new body’s commencement in November.
Credit Risk
APRA Mulls Removal of Mortgage Lending Cap
06/03/2018
Removing the 10 percent growth cap would enable banks to increase mortgage lending, ease mortgage rates for investors and boost competition in the sector.
Trading & Investment
Chinese Exchanges to List ‘Belt and Road’ Bonds
06/03/2018
Seven domestic and foreign companies have so far been granted approval to list Belt and Road bonds on the Shanghai and Shenzhen stock exchanges.
Credit Risk
Vietnam Banks Receive Fitch Ratings Upgrades
06/03/2018
Positive rating action for Military Bank, Vietcombank and Vietinbank reflect improvements in asset quality and declining rates of bad debt.
Conduct, Culture & Accountability
India Approves Independent Audit Oversight Body
05/03/2018
The new body will have powers to impose penalties or debar chartered accountants or their firms for up to ten years.
Liquidity Risk
China to Cap Money Market Fund Redemptions
04/03/2018
The limit for same-day redemptions will be set at CNY10,000, according to Bloomberg sources.
Trading & Investment
Taiwan Brokers Set to Issue Exchange Traded Notes
03/03/2018
Brokers with capital adequacy exceeding 250 percent and net value over NTD10 billion will be allowed to issue the new debt instruments.
Fraud, Scams & Cybercrime
Recent Fraud Prompts India Trade Finance Freeze
03/03/2018
RBI audit of bank liabilities forces freeze on new letters of credit; foreign lenders reluctant to accept guarantees from Indian banks.
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