BIG PICTURE

    Big Picture

    Worst-case Cyber Attack Losses Could Cost Banks Half of Profits – IMF

    By Manesh Samtani | 27/06/2018

    Extreme risk scenario threatening financial stability characterised by increases in attack frequency and interdependence, or occurrence of large magnitude events.

    Market Infrastructure

    Industry-wide Collaboration Needed to Combat Cyber Threat – DTCC

    By Manesh Samtani | 14/06/2018

    DTCC Chief Security Officer Stephen Scharf says traditional focus on preventative measure at individual firm level are no longer enough; closer collaboration is needed to develop collective response and recovery plans.

    Capital / Liquidity

    IFRS 9 to Cause Volatility in Singapore Bank Profitability – Moody’s

    By Garima Chitkara | 04/06/2018

    The adoption of Singapore’s equivalent of IFRS 9 will be neutral for bank capitalisation, but changing risk and macroeconomic conditions could lead to varying levels of provisioning, says Moody’s.

    Big Picture

    The Ties That Bind: Market Connectivity Continues to Increase Despite Opposing Rhetoric

    By Larry Thompson | 30/05/2018

    Whether it is geopolitical tensions in North Asia, the UK’s exit from the European Union or new U.S. trade policies, globalisation would appear to many to be in retreat in many regions of the world — but this is not the case in financial markets.

    Big Picture

    Talking Crypto Regulation with Ripple’s Sagar Sarbhai

    By Manesh Samtani | 22/05/2018

    Regulation Asia sat down with Sagar Sarbhai, Head of Government and Regulatory Relations for APAC and the Middle East at Ripple, to discuss the company’s business proposition and the regulatory challenges it faces across the region.

    Capital / Liquidity

    Fitch Downgrades HK Banks due to China Exposure

    By Garima Chitkara | 16/05/2018

    Fitch Ratings cut its assessment of Hong Kong banks’ operating environment from A+/negative to A/stable because of growing influence of Chinese economy on the industry.

    Market Infrastructure

    Fintech a Key Enabler for Financial Firms – DTCC

    By Manesh Samtani | 07/05/2018

    Markets safer and more resilient 10 years post-GFC, but regulatory complexities and rapidly-changing risk landscapes persist as challenges to the industry.

    Big Picture

    Moody’s Places HK Banks on Review for Upgrade

    By Editors | 01/05/2018

    Hong Kong legislation enables authorities to achieve orderly resolution in the event of a bank failure and provides clarity on the effect on depositors and other creditors.

    Big Picture

    APAC Firms Failing at Cyber Breach Detection – Report

    By Manesh Samtani | 22/04/2018

    Asia Pacific firms take over 16 months to detect breaches, compared to over three months globally; over 35 months if breaches detected by external parties.

    Big Picture

    Indonesian Banks Receive Moody’s Upgrades

    By Editors | 18/04/2018

    Last week’s sovereign rating upgrade reflects the Indonesian government’s capacity to provide support in times of stress, particularly for systemically important institutions.

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