Operational Risk

Credit Risk

UPDATED – Myanmar Approves Formation of First Credit Bureau

By Editors | 18/05/2018

Joint venture between banks association and Singapore-based ACB Holdings to establish credit bureau will enable banks to better assess loan risks.

Conduct, Culture & Accountability

SFC Fund Manager Code of Conduct – What You Need to Know

By Derek McGibney | 16/05/2018

The ten key points you need to know about the SFC’s consultation conclusions on changes to the Fund Manager Code of Conduct, due to be implemented in six months’ time.

Cloud & Infrastructure

Fintech a Key Enabler for Financial Firms – DTCC

By Manesh Samtani | 07/05/2018

Markets safer and more resilient 10 years post-GFC, but regulatory complexities and rapidly-changing risk landscapes persist as challenges to the industry.

Operational Risk

Philippines to Implement New Credit Card Law

By Garima Chitkara | 07/05/2018

New law aims to increase competition by allowing non-bank entities to enter credit card business; includes greater safeguards for borrowers related to calculation of charges, unfair collection practices, and the use of customer data.

Capital Adequacy

CBA Ordered to Boost Capital Until Governance Improves

By Editors | 02/05/2018

Prudential inquiry reveals widespread complacency, inadequate risk management, unclear executive level accountabilities, among other failings at the bank.

Credit Risk

Bank of Thailand Expands Debt Clinic Scheme for Troubled Borrowers

By Manesh Samtani | 27/04/2018

‘Debt Clinic’ programme to pooling unsecured bad loans under Sukhumvit Asset Management will expand to an additional 50,000 borrowers.

Credit Risk

Bank of Japan Warns of Rising Credit Costs

By Garima Chitkara | 23/04/2018

Banks are urged to step up credit risk management and provisioning for lending to “middle-risk” firms that hold low internal funds.

Credit Risk

Bangladesh Mulls New NPL Dispute Resolution Guidelines

By Garima Chitkara | 23/04/2018

New guidelines and amendments to stress the importance of mediation and arbitration to take pressure off the courts saddled with NPL recovery cases.

Operational Risk

Indian Banks Face “Serious Governance and Risk Issues” – S&P

By Garima Chitkara | 16/04/2018

In light of recent NPA and governance issues at large private banks in India, S&P says Indian banks need an overhaul to enhance risk culture and governance.