Prudential Risk

Resolution & Recovery

Vietnam’s SCB Receives Restructuring Proposal from Developer

By Thisanka Siripala | 20/03/2025

Real estate developer Sun Group is seeking approval for a 15-year rescue plan for Saigon Joint Stock Commercial Bank.

Capital Adequacy

Singapore Banks to Take Steps to Reduce Excess Capital – Report

By Manesh Samtani | 19/03/2025

S&P Global Ratings says the Basel reforms raised capital ratios at Singapore banks, and they are now likely to take steps to cut back on this excess capital.

Payments & Settlements

China Rolls Out 30-Point Action Plan to Boost Domestic Consumption

By Mark Johnston | 19/03/2025

The plan includes measures to expand channels for personal investment and encourages FIs to increase the issuance of personal consumption loans.

Capital Adequacy

Bangladesh Bank Imposes Stricter Dividend Payout Rules

By Nithya Subramanian | 19/03/2025

Banks will only be allowed to pay cash dividends from current-year profits, prohibiting the use of accumulated profits from previous years.

Credit Risk

Bangladesh Bank Replaces Boards of 3 More Private Banks

By Nithya Subramanian | 19/03/2025

Since Bangladesh’s political transition in August 2024, the central bank has restructured the boards of 14 banks in total.

Capital Adequacy

Hong Kong IA Consults on Disclosure Rules for Insurers

By Sanday Chongo Kabange | 18/03/2025

The IA is consulting on disclosure requirements for insurers under Hong Kong’s new risk-based capital regime.

Credit Risk

Korea Amends Financial Support Act to Aid Low-Credit Individuals

By Thisanka Siripala | 18/03/2025

The move increases contribution rates financial institutions must allocate to a financial support fund for low-income people.

Payments & Settlements

Australia to Guarantee ANZ Operations in Pacific Islands

By Thisanka Siripala | 18/03/2025

ANZ will invest an additional AUD 50 million to help address a decline in the number of foreign banks willing to serve the region.

Cybersecurity

FSS Korea Meets with FinTech CEOs to Outline Supervisory Plans

By Thisanka Siripala | 18/03/2025

The meeting included executives from major fintech firms such as Kakao Pay, Toss Payments, Coupang Pay, and Naver Financial.