Ranamita is a Singapore-based reporter with over five years of experience in journalism, content writing and public relations. She holds a Master's degree in International Relations from RSIS, NTU Singapore and a Bachelor of Communication degree from Murdoch University, Australia.
BOK Seeks Monetary Policy Normalisation This Year
16/06/2021
The central bank is considering a possible increase in its policy rate and a normalisation of monetary policy this year.
Enforcement
Hin Leong Files Suit Against Deloitte Over Auditing Failures
16/06/2021
The lawsuit claims Deloitte would have detected material misstatements and not issued unqualified opinions if its audits were carried out properly.
Market Infrastructure
OCBC Obtains Approval to Convert LIBOR Bonds to SONIA
16/06/2021
OCBC has become the first Singapore bank to obtain approval from bondholders to replace GBP LIBOR with SONIA as the interest rate benchmark.
Market Infrastructure
Japan FSA Considers Sanctioning Mizuho for System Glitches
15/06/2021
A new report from a third-party committee has attributed the bank’s system failures to poor corporate culture within Mizuho Financial Group.
New Zealand FMA Grants Reporting Relief Amid Auditor Shortage
14/06/2021
Businesses affected by an auditor shortage in New Zealand will be allowed an additional month to comply with reporting requirements.
Capital / Liquidity
ISDA Chief Calls for Use of Common Risk Data Reporting Standard
14/06/2021
CRIF will reduce the risk data reporting burden, increase the accuracy and consistency of the information reported, and allow for more automation.
Sri Lanka Central Bank Asks Private Sector to Borrow Offshore
12/06/2021
A zero cost swap facility is being made available for private forms to convert foreign currency borrowings into domestic currency.
Securities / Derivatives
RBI Eases Reporting Burden for FPIs Trading in G-Secs
11/06/2021
FPIs will have up to three hours after the close of trading to report transactions in government securities on the NDS-OM platform.
Securities / Derivatives
ASIC Stresses Quality of Financial Reports, Disclosures
11/06/2021
The assumptions underlying estimates and assessments for financial reporting purposes should be reasonable, supportable, realistic, and not overly optimistic or pessimistic.
ESG / Sustainability
UK Forms New Advisory Group to Work on Taxonomy
11/06/2021
The Green Technical Advisory Group will advise the government on developing and implementing a green taxonomy in the UK context.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team