BIG PICTURE

Capital / Liquidity

Moody’s Upgrades Vietnamese Banks on Improved Asset Quality

By Editors | 09/04/2018

Asia Commercial Bank shows improvement since imprisonment of former vice chairman for fraud, tax evasion and illegal trade.

Market Infrastructure

ASEAN ‘Close’ to Financial Services Free Trade Agreement

By Samuel Riding | 09/04/2018

Statement says deal on trade in services close to agreement, ASEAN members to also update wider agreement on cross-border services this year.

Market Infrastructure

Systemically Damaging Cyber-attack Inevitable – DTCC

By Manesh Samtani | 21/03/2018

White paper calls for industry collaboration to develop common response and recovery standards and contingencies to mitigate impending attack.

Capital / Liquidity

China Bank Deleveraging Makes Progress: Moody’s

By Samuel Riding | 12/03/2018

Report suggests asset growth has slowed, although city, rural and joint-stock banks could struggle to manage asset quality and capitalisation.

Market Infrastructure

FSB Report Reveals Scale of Shadow Banking Risks

By Manesh Samtani | 08/03/2018

Global shadow banking activities rose 7.6 percent to $45.2tn in 2016, representing 13 percent of total financial system assets; China contributed $7tn to the measure.

Capital / Liquidity

Vietnam Banks Receive Fitch Ratings Upgrades

By Editors | 06/03/2018

Positive rating action for Military Bank, Vietcombank and Vietinbank reflect improvements in asset quality and declining rates of bad debt.

Big Picture

Singapore Banks Set for Profitability, Asset Quality Boost in 2018 – Moody’s

By Garima Chitkara | 19/02/2018

DBS, OCBC and UOB will see greater interest income due to increased rates and improved capital buffers as oil and gas NPAs were recognised and provisioned in 2017.

Big Picture

Too Early to Assess Fintech Risks – DTCC

By Samuel Riding | 14/02/2018

Firm suggests fintech adoption has clear benefits, but the systemic risks from increased adoption have yet to fully emerge.

AML / KYC

Europe’s Latest AML Directive a Huge Challenge for Asian Operations

By Bradley Maclean | 14/02/2018

4th AMLD to prove a headache for Asian institutions which already share clients and data with EU-based subsidiaries, potentially influencing Asia-based parent institutions themselves.