Prudential Risk

Climate Risk

Climate Risk Resilience Vital for Financial Stability: S&P

By Manesh Samtani | 16/09/2019

Banks need to act now to minimise future climate-related costs and the impact on their creditworthiness, says a new report from S&P Global Ratings.

Structural Regulation

RBI Proposes New Rules for Small Finance Bank Licensing

By Editors | 16/09/2019

Under the new guidelines, payment banks, NBFCs, microfinance institutions and local area banks will be able to convert into small finance banks.

Capital Adequacy

Taiwan FSC to Ease Calculation Method for D-SIB Capital

By Editors | 16/09/2019

The move follows push back from some banks, saying that the higher capital buffer required of D-SIBs could raise funding costs and make them less competitive.

Credit Risk

Chinese Regulators Ask Banks to Limit Property Lending

By Editors | 13/09/2019

Banks with real estate loans exceeding a certain level are being given window guidance telling them to limit lending to property developers and homebuyers.

Credit Risk

Global Banks’ India Business Impacted by Large Exposures Rules

By Editors | 13/09/2019

Foreign banks have to maintain sufficient capital in their India entities to increase their exposure to the country, rather than relying on guarantees from their overseas headquarters.

Conduct, Culture & Accountability

BSP Revises Rules to ‘Institutionalise’ Consumer Protection at Banks

By Editors | 11/09/2019

The BSP has revised its financial consumer protection framework to ensure banks conduct their business ethically and refrain from practices that may cause harm to consumers.

Conduct, Culture & Accountability

ASIC to Appeal Westpac Responsible Lending Case Dismissal

By Editors | 11/09/2019

ASIC says last month’s federal court’s ruling in favour of Westpac creates uncertainty as to what is required for a lender to comply with its loan assessment obligations.

Emerging Prudential Risks

FSC Korea Gets New Chairman, Eun Sung-soo

By Editors | 11/09/2019

In his inauguration speech, the new FSC chairman Eun Sung-soo vowed to act quickly if financial market volatility increases.

Credit Risk

Japan Regulators Seek Data on Financial Firms’ Risky Investments

By Editors | 10/09/2019

The BOJ and FSA are collecting data on financial firms’ holdings of collateralised loan obligations and leveraged loans to understand the risks they present.