MoU with Thailand covers cross-border supervision; Philippines agreement confirms ABIF details.
Rise blamed on lack of punitive measures, weak recovery efforts by banks.
Bonds will meet requirement that TLAC instruments be equivalent to at least 18% of RWA.
CBRC checking potential risks from non-guaranteed wealth management products, entrusted loans and entrusted investments.
Committee says it will take 5-6 years for D-SIBs to implement data aggregation, reporting principles.
Lender receives overall pass rating; says some city commercial banks failed PBOC's Macro Prudential Assessment.
Regulator says BCBS unlikely to finalise rules until ‘2020 at the earliest’.
Regional representative Geoffrey Heenan addresses potential ‘balkanisation’ in regulatory reform.
Outside regional framework, six banks are negotiating individual deals to set up operations.
But Mark Carney suggests body will investigate ‘unintended consequences’ of regulation.