Failures could cause bank run, and authorities would have to intervene, head of China strategy says.
Revisions aims to align framework with Basel changes.
Transition brings its own risks and will take time to compensate for current weakness, report says.
Document covers 36 Asia-Pacific banks in Committee’s Group 1 category.
Banking Academy deputy director cites supervision failures; suggests sector restructuring did not have desired impact.
Committees required to relieve debt burden rather than recall loans, stop lending.
Report to G20 says funds are being driven underground; cites failures to initiate derivative market reform in China and Korea.
FSA said to split supervision of regional banks; aims to boost lending, raise profitability.
ADIs should hold conservation buffer of 2.5% of RWA, rising to 3.5% for D-SIBS.
FSC has introduced tougher credit rules on group borrowing; household debt now $1.13tn.
Loading more posts...
Sorry, no more posts
No more pages to load