Capital / Liquidity

Capital / Liquidity

Hong Kong Issues Guidelines on Technology Use in Personal Lending

By Garima Chitkara | 10/05/2018

Banks now allowed to use big data technology and consumer behavioural analytics to assess credit risks for personal lending portfolios.

Capital / Liquidity

China May Impose New Rules on Financial Holding Companies – Report

By Manesh Samtani | 09/05/2018

Companies like Ant Financial, Citic Group and China Everbright Group may for the first time be required to obtain licences and meet capital requirements, reported Bloomberg.

Fintech / Regtech

UPDATED – APRA Grants First ‘Restricted ADI’ License Under New Framework

By JP Reimann | 07/05/2018

Newly released restricted ADI licencing framework allows entities to conduct a limited range of activities for two years before fully meeting regulatory requirements.

Market Infrastructure

China Set to Revive RQDII with New Safeguards

By Garima Chitkara | 07/05/2018

Central bank forbids RQDII investors from exchanging the yuan for foreign currencies in offshore CNY investments.

Capital / Liquidity

Philippines to Implement New Credit Card Law

By Garima Chitkara | 07/05/2018

New law aims to increase competition by allowing non-bank entities to enter credit card business; includes greater safeguards for borrowers related to calculation of charges, unfair collection practices, and the use of customer data.

Capital / Liquidity

CBA Ordered to Boost Capital Until Governance Improves

By Editors | 02/05/2018

Prudential inquiry reveals widespread complacency, inadequate risk management, unclear executive level accountabilities, among other failings at the bank.

Securities / Derivatives

PBOC Announces Stricter Asset Management Rules

By Editors | 02/05/2018

New rules include leverage limits, a ban on implicit guarantees, risk reserve provisioning amounting to 10% of management fees; transition period for full compliance to last until end-2020.

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.

Capital / Liquidity

APRA to Remove Lending Growth Cap for Some Banks

By Garima Chitkara | 30/04/2018

APRA is proposing to do away with a 2014 measure that set an annual 10% cap for home lending growth for banks that can demonstrate better lending practices and low lending rates.