ASIC deputy chair says it is considering ‘all regulatory options’.
Restructurings part of a 5-year project to rationalise country’s financial system.
Probe will also look at senior management involvement in decisions of asset management units.
Review to consider definition of capital, risk measurement, minimum capital and buffers.
Increase likely to be a reaction to allowing attribution of loan-loss provisions to regulatory capital.
Banking regulator sends letter to local offices with guidance on creditor committee systems.
Guo Shuqing acknowledges confusion created by variety of different laws and regulations.
Some requirements on capital risk calculation and reporting had been due in January next year.
Framework due to be published before July’s G20 Summit.
Regulator says bank did not properly assess borrowers’ repayment ability.