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

    Structural Regulation

    RBNZ, RBA, Bank of Canada Form Network to Foster Indigenous Inclusion

    01/05/2021

    Other central banks are encouraged to join the network, which will serve as a community of practice to share knowledge and foster indigenous inclusion.

    Payments & Settlements

    Savings Banks Introduce Open Banking Services: FSC Korea

    01/05/2021

    Open banking is now being provided by all types of deposit-taking institutions in Korea. Credit card companies will start from end-May.

    Anti-Money Laundering

    Australia Scraps Plan to Introduce Beneficial Ownership Register

    30/04/2021

    Senator Jane Hume reportedly refused to back the register, a move experts say will entrench Australia as a money laundering haven.

    Cybersecurity

    RBNZ Releases Final Guidance on Developing Cyber Resilience

    29/04/2021

    This guidance provides the baseline-level of cyber resilience recommendations as well as recommendations for enhanced-level practices.

    Climate Risk

    Japan FSA to Issue Climate Risk Guidelines for Banks

    29/04/2021

    Financial institutions will be expected to incentivise borrowers to decarbonise through loan terms and preferential interest rates.

    Liquidity Risk

    Ant Group Money Market Fund Shrinks to Four-Year Low

    27/04/2021

    In response to regulatory pressure, Ant Group has been urging investors through in-app notifications to switch to other funds.

    Credit Risk

    FSC Korea to Promote Lending to Low Credit Score Borrowers

    27/04/2021

    Banks will be advised to boost mid-range interest rate lending to borrowers with low to moderate credit scores, among other measures.

    Structural Regulation

    Australia: Tax Reforms Proposed to Support Financial Hub Ambitions

    27/04/2021

    Under Senator Andrew Bragg’s proposal, technology and finance business that relocate to Australia would pay concessional tax rate for seven years.

    Climate Risk

    Australia: Super Fund Body Launches New Climate Change Policy

    27/04/2021

    The Australian Council of Superannuation Investors is seeking the integration of climate change risk in super fund investment strategies.

    Market Abuse

    Taiwan FSC Fines Fund Managers for Stock Manipulation

    25/04/2021

    The three fund managers bought shares in Far Eastern Department Store at the request of a former official who has since been charged with corruption.

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