Ranamita Chakraborty

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    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.

    Articles by Ranamita Chakraborty

    Market Risk

    BSP Raises Bank Limits on Open FX Positions

    07/06/2021

    The BSP has raised the limit as part of a larger set of amendments to the framework for the management of banks’ open FX positions.

    Structural Regulation

    Five Parties Identified as Seeking Malaysia Digital Bank Licence

    04/06/2021

    A consortium involving Pertama Digital, Crowdo and INFOPRO is applying for a licence. Axiata Group and RHB Bank are jointly applying for another.

    Cybersecurity

    RBA to Modernise Identity, Access Management Capabilities

    04/06/2021

    The RBA has issued a tender request inviting firms to supply it technology to enhance its identity and access management capabilities.

    Conduct, Culture & Accountability

    FSC Korea Issues Guidance on Investment Suitability Tests

    04/06/2021

    The guidance sets out how investor suitability and appropriateness tests should be carried out during the sales process.

    Structural Regulation

    LINE to Roll Out Digital Banking Platform in Indonesia

    03/06/2021

    The launch will mean Japan’s LINE will be offering digital banking services in three of its biggest overseas markets, namely Indonesia, Thailand and Taiwan.

    Structural Regulation

    Australia Considers Additional Rules for Litigation Funders

    02/06/2021

    The government will consider capping fees and the introduction of a minimum rate of return for class action members.

    Credit Risk

    BSP Sets Out Approval Procedures for Bad Loan Disposal

    02/06/2021

    The BSP has set out the procedure for lenders to apply for approval to dispose of NPAs under the provisions of the FIST Act.

    Anti-Money Laundering

    Philippines: 26 Groups Jointly Call for Easing of Bank Secrecy Law

    02/06/2021

    The groups say the Philippines lags the world on bank secrecy and allows politicians and other government officials to hide unexplained wealth.

    Operational Risk

    New Reputational Risk Guidelines to Strengthen Resilience: BSP

    01/06/2021

    Financial institutions have until April 2022 to fully comply with the BSP’s new guidelines on reputational risk management.

    Conduct, Culture & Accountability

    APRA Targets Risk Culture in Superannuation Sector

    31/05/2021

    APRA is piloting a risk culture survey with plans to roll it out to a number of superannuation entities in 2022.

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