Prudential Risk

Credit Risk

Korean Mutual Finance Firms Required to Increase Loan Loss Provisions

By Mark Johnston | 21/02/2024

A higher loan loss provisioning ratio will apply to exposures to the construction and real estate industries.

Trading & Investment

FSS Korea Clarifies Role in Seeking Redress for Investors

By Editors | 21/02/2024

FSS responds to calls for a court, rather than the regulator, should prepare compensation plans for investors in loss-making ELS products.

Conduct, Culture & Accountability

Regulators Face Culture Challenges Just Like Those They Regulate: Report

By Manesh Samtani | 20/02/2024

New Starling Insights report argues says regulators suffer from the same cultural and behavioral ills that trouble the firms they oversee.

Liquidity Risk

PBOC Cuts Benchmark Mortgage Rate to Boost Property Market

By Editors | 20/02/2024

This is the largest cut to the five-year loan prime rate since the rate was revamped in 2019.

Structural Regulation

Singapore’s 2024 Budget Introduces Reforms to Boost Investment

By Ranamita Chakraborty | 20/02/2024

Singapore’s budget includes a new investment incentive scheme and other measures that will benefit the financial sector.

Credit Risk

FSS Korea Sanctions Lotte Insurance for Poor Risk Management

By Mark Johnston | 20/02/2024

Lotte Insurance is asked to prepare a comprehensive liquidity management plan and strengthen its stress tests for alternative investments.

Credit Risk

Korea Unveils $57b Corporate Financing Support Package

By Mark Johnston | 20/02/2024

South Korea announced measures to provide tailored funding support for high-tech, middle market and distressed enterprises.

Credit Risk

Taiwan FSC Hails Loan Incentive Programme a Success

By Mark Johnston | 20/02/2024

The incentive programme has boosted lending to the six core strategic industries that were identified by the government in 2021.

Liquidity Risk

BOK Governor Discusses Measures to Prevent Digital Bank Runs

By Sanday Chongo Kabange | 20/02/2024

Governor Rhee Chang-yong said the Bank of Korea is considering allowing NBFIs to use its lending facility.