Prudential Risk

Operational Risk

FSS Korea Downgrades Woori Group Following Evaluation

By Nithya Subramanian | 24/03/2025

The FSS said Woori Financial Group demonstrated weaknesses in risk management, oversight of major financial decisions, and internal transaction monitoring.

Capital Adequacy

Final Basel III Reforms Provided Benefits to APAC Banks – Report

By Manesh Samtani | 24/03/2025

The positive impact on APAC banks’ capital ratios is attributed to their lower reliance on internal models.

Structural Regulation

Hong Kong Trust Industry Facing Regulatory Challenges

By Mark Johnston | 23/03/2025

HKTA and KPMG published a report shedding light on the state of  Hong Kong’s trust industry, including mounting compliance costs and regulatory challenges.

Credit Risk

Korea Announces New Measures to Dampen Housing Market Speculation

By Nithya Subramanian | 21/03/2025

The measures include stricter oversight of FIs’ management of financial and household loans, including housing mortgage loans.

Capital Adequacy

FSC Korea Pushes Forward Reforms for Strengthen Savings Banks

By Nithya Subramanian | 21/03/2025

The FSC plans to introduce measures in H2 2025 to address the growing divide between large and small savings banks.

Credit Risk

Hong Kong SFC Issues Further IPO Subscription Guidance

By Sanday Chongo Kabange | 21/03/2025

The SFC has directed licensed corporations to stop engaging in “imprudent and aggressive” IPO financing practices.

Market Risk

BSP Proposes to Revise Rules on Peso NDFs and Swaps

By Sanday Chongo Kabange | 21/03/2025

The BSP wants banks to limit Peso NDF, NDS and NDCCS exposures to mitigate any potential build-up of systemic risks.

Conduct, Culture & Accountability

Japan to Strengthen Safe Deposit Box Security After Employee Thefts

By Thisanka Siripala | 21/03/2025

FSA guidelines will introduce industry-wide security standards for safe deposit box operations.

Credit Risk

JSDA Seeks Public Feedback on Corporate Bond Underwriting Rules

By Thisanka Siripala | 21/03/2025

The draft guidelines seek to increase the use of covenants in corporate bond issuance, particularly for lower rated bonds.