New chief is Bank of Kaohsiung chairman; former FSC chair quit amid Mega Bank scandal.
Guidelines state banks should focus on lending to companies with growth potential.
Representatives from both jurisdictions’ regulators discuss financial regulation, collaboration
Standard aims to reduce risk of contagion within financial system in event of bank collapse.
Australian central bank concerned by rising debt, slowing economic growth and risks from smaller lenders.
PBOC to head taskforce including securities regulator and issue measures by March 2017.
50% of boards, 68% of CROs prioritising regulatory implementation, meeting supervisory expectations.
Rating agency concerned about move to less conservative requirements.
Committee chief says BCBS aims to reduce RWA and restore credibility to banks’ risk-based capital ratios.
Finance secretary says idea of ‘bad bank’, opposed by ex-governor, can resolve stressed assets problem.