ADVERTISEMENT
Capital Adequacy
Basel III to Have Muted Capital Impact in APAC: Fitch
By Editors | 19/09/2022
The impact of the final rules will be much lower in APAC than in Europe and the US because APAC jurisdictions rely less on internal models, Fitch says.
Anti-Bribery & Corruption
Bank of East Asia Exec Detained in China for Taking Bribes
By Editors | 19/09/2022
The executive is accused of breaching credit rules and issuing loans in exchange for bribes. It is uncommon for executives of overseas banks to be detained in China.
Structural Regulation
CSRC Issues Draft Rules on Futures Exchange Regulation
By Editors | 19/09/2022
The draft rules adopt changes to align with China’s new Futures and Derivatives Law in relation to governance and risk management, among other areas.
Liquidity Risk
HKMA Extends Corporate Loan Support Scheme
By Editors | 19/09/2022
The Pre-approved Principal Payment Holiday Scheme has been in effect since May 2020. The HKMA says some corporates are still facing cash-flow pressures.
Liquidity Risk
Chinese State Banks Coordinate Cut in Deposit Rates
By Editors | 18/09/2022
The coordinated move suggests the PBOC may have directed lenders to lower their deposit rates, which reduces bank funding costs and enables more lending.
Cryptocurrency
Thai SEC Proposes to Ban Crypto Lending, Staking Services
By Editors | 18/09/2022
A minimum investment amount is also proposed for each digital asset transaction. Meanwhile, the SEC is considering allowing asset managers to set up digital asset funds.
Credit Risk
CBIRC Directed to Align With Communist Party Objectives
By Darien Choong | 17/09/2022
A CBIRC circular outlines the measures it will take to align with CCP objectives, following inspections on the regulator carried out last year.
Anti-Money Laundering
Puerto Rico Authority Agrees on Liquidation of Euro Pacific Bank
By Editors | 17/09/2022
Euro Pacific Bank customers will recoup 100 percent of their deposits. Several hundred investigations are still underway globally over whether the bank was used for tax evasion.
Credit Risk
Vietnam: SBV Grants Banks Additional Credit Growth Quotas
By Editors | 17/09/2022
Vietcombank and Agribank were among those granted higher credit growth rate quotas, amid growing calls for the mechanism to be scrapped altogether.
Liquidity Risk
APRA Proposes to Update Guidance on Contingent Liquidity
By Editors | 17/09/2022
APRA will reduce the level of self-securitised assets banks must hold as contingent liquidity, provided they can increase these levels quickly if stress conditions emerge.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.