Operational Risk

Payments & Settlements

Singapore Regulator Conducts Board-Level Inquiry on Nov 5 Breakdown

By Editors | 10/11/2014

The Singapore Exchange has launched a board-level inquiry to investigate the power outage on Wednesday that halted trading at the largest southeast Asian stock market for hours.

Credit Risk

Australian Regulator Issues Guide on Residential Mortgage Lending

By Editors | 06/11/2014

The Australian Prudential Regulation Authority has released a guide for banks and other deposit-taking institutions on sound risk management practices for residential mortgage lending.

Conduct, Culture & Accountability

Risk Culture Seen in Banks’ Agenda, Says EY Report

By Editors | 03/11/2014

Banks in Asia-Pacific are strengthening accountability regarding risk roles and responsibilities and are boosting communication about risk expectations driven in part by tougher bank regulations, international accounting firm EY says.

Operational Risk

Malaysia Seeks to Amend Development Financial Institutions Act

By Editors | 17/10/2014

Malaysia’s central bank is seeking industry views on proposals to amend the Development Financial Institutions Act 2002 to further strengthen the industry.

Credit Risk

China Banking Regulator Seeks Tighter Risk Controls

By Editors | 27/09/2014

China’s banking regulator has revised the guidelines for banks’ internal risk management controls to rein in bad loans.

Structural Regulation

Making Compliance and Regulation a Competitive Advantage

By Peter Guy | 24/09/2014

Proactive strategies for optimising compliance systems will play a key role in bank business development.

Conduct, Culture & Accountability

Accounting and the Future of Banking

By Peter Guy | 22/09/2014

Helen Brand, CEO of ACCA explains, “The accountability of financial institutions will eventually be brought in line with other corporations – like utilities.”

Cloud & Infrastructure

IT Outsourcing Trend in Financial Sector Giving Rise to New Solutions

By Editors | 05/09/2014

The rising number of financial services firms outsourcing their IT infrastructure needs is a growing trend amid global regulatory complexity and tougher market environment, says software and IT services provider SunGard.

Credit Risk

Indian Large Banks Trim Exposure in Singapore

By Editors | 20/08/2014

India’s large banks are reducing their exposure in Singapore amid tightened regulation and oversight by the Monetary Authority of Singapore of foreign banks.