
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.
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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