Trending

Capital / Liquidity

HKMA Issues Updated Guidance on IRB Model Validation

By Sanday Chongo Kabange | 21/07/2025

The updated guidance introduces stricter requirements on data architecture, conceptual model soundness, group-wide systems, and the use of external benchmarks

Sanctions

EU Adopts 18th Sanctions Package Against Russia

By Manesh Samtani | 19/07/2025

The package targets Russia’s shadow fleet and energy revenues, as well as two Chinese banks and a Russian-owned refinery in India.

Market Infrastructure

G20 Backs Central Bank Independence, Agrees Path on NBFI Risk and Tax

By Manesh Samtani | 19/07/2025

In a rare show of unity, G20 finance ministers issued their first joint communiqué since October 2024, stressing central bank independence.

Capital / Liquidity

MAS Proposes Overhaul of Large Exposure Rules for Merchant Banks

By Editors | 18/07/2025

MAS plans to tighten large exposure limits to 25% of Tier 1 capital for merchant banks and refine related-party rules for all banks.

Capital / Liquidity

HKMA Rejects Rumours About Possible Establishment of 'Bad Bank'

By Editors | 18/07/2025

The HKMA has dismissed reports that lenders were discussing the establishment of a new vehicle to handle rising non-performing loans.

Capital / Liquidity

China Sets 'Red Lines' for Provincial Level Bad Debt Managers

By Editors | 17/07/2025

New nationwide rules impose strict risk limits and prohibit local bad debt managers from providing financing for hidden government debt.

Enforcement

South Korea Set to Enact Law Changes Targeting Illegal Lending

By Nithya Subramanian | 17/07/2025

Starting 22 July, Korea will nullify loan contracts with annual interest rates exceeding 60% and those involving coercion or exploitation.

Fintech / Regtech

MAS Rolling Out Four Pronged Responsible AI Adoption Strategy

By Nithya Subramanian | 17/07/2025

Chia Der Jiun unveiled a four-pronged strategy to promote responsible AI adoption in financial services, and said MAS has completed its Quantum Key Distribution sandbox trial

AML / KYC

PBOC Proposes to Update Reporting Rules for Suspicious Transactions

By Manesh Samtani | 17/07/2025

The PBOC has launched a consultation to align rules with a new AML law, introducing non-site inspections and extending record-keeping requirements.