Credit Risk

SEBI to Revamp Credit Rating Rules

26/10/2016

New regulations aim to minimise conflict of interest, ensure independent rating decisions.

KYC & CDD

HK SFC Amends Account Opening Rules

25/10/2016

Regulator says Code of Conduct requirements are at par with international standards, adds some measures.

Resolution & Recovery

India’s Bank Resolution Bill Could Face Hurdles – Fitch

25/10/2016

New draft bill aiming to resolve bank failures challenged on several fronts, rating agency says.

Cryptocurrency

S.Korea to Promote Digital Currency

25/10/2016

Systemic work will be aligned with international trends in US and Japan.

Anti-Money Laundering

Pakistan Investigating 444 Individuals in Panama, Bahamas Leaks

24/10/2016

Federal Board of Review asks SBP and SECP for transaction details of local and overseas accounts.

Structural Regulation

Philippine Regulator Mulls Interest Rate Cap

24/10/2016

Informal lenders must define “reasonable” interest rates for consumers

Credit Risk

CBRC Asks Lenders to Boost Mortgage Risk Management

24/10/2016

Request comes amid concern about rising debts, potential housing price bubble.

Credit Risk

Korea to Support Credit Firms’ Overseas Ambitions

24/10/2016

Move aims to assist credit finance firms to more easily access overseas markets.

Cybersecurity

India to Boost Cyber Security

24/10/2016

Regulators will form better policy framework, enhance monitoring after alleged malware attack.