Prudential Risk

Credit Risk

Indian Banks Sign Agreement to Hasten NPA Resolution

By Mark Pufpaff | 26/07/2018

Inter Credit Agreement give more influence to a consortium’s lead lender and allows for resolution plans to be approved with 66% agreement among majority lenders; signatories include over 80 lenders.

Capital Adequacy

Vietnamese State-Owned Banks Face Weakening Credit Profiles – Moody’s

By Garima Chitkara | 26/07/2018

Vietnamese state-owned banks are raising external capital at a much slower pace than their privately-owned counterparts, putting pressure on their capital ratios and overall competitiveness, according to a Moody’s report.

Trading & Investment

SEBI to Force Large Corporates to Borrow through Bonds Market

By Manesh Samtani | 24/07/2018

New framework proposes that large corporates raise 25% of their borrowings through bonds, as regulators seek to decrease a reliance on bank financing and deepen India’s bond markets.

Cloud & Infrastructure

ASIFMA Publishes Report on Outsourcing Regulation

By Editors | 24/07/2018

The report includes nine proposed leading principles for regulation of outsourcing to help securities, futures and banking intermediaries navigate different regulatory landscapes in Asia-Pacific.

Capital Adequacy

Misguided Derivatives Regulation Distorts Markets

By Peter Guy | 23/07/2018

Basel’s new capital rules have impacted global derivatives markets by purging participants and liquidity. Whether or not this was the intended outcome, it will create onerous costs for entire markets and consumers.

Clearing & Post-Trade

SGX Proposes Clearing House Enhancements for Managing Defaults

By Editors | 23/07/2018

Proposals include introduction of auction protocol for liquidating defaulted derivatives clearing members’ positions, with a mechanism to distribute the resulting losses.

Emerging Prudential Risks

China Publishes Draft Rules on Bank WMP Business

By Emma Zhou | 23/07/2018

New rules are designed to standardise the sector including by strengthening supervision, preventing shadow banking risks, improving leverage controls and protecting investors’ interests.

Credit Risk

S. Korea Credit Unions Toughen Mortgage Lending

By Editors | 22/07/2018

Credit unions will apply stricter lending calculations for home mortgages starting this week, as the government tries to rein in rapid growth in household debt.

Fraud, Scams & Cybercrime

China’s P2P Lending Sector Suffers Panic – Report

By Manesh Samtani | 22/07/2018

Over 100 peer-to-peer lenders have failed so far this month, with some users turning up at operators’ offices to demand early repayment.