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Fraud, Scams & Cybercrime
UPDATED – RBI Fines Multiple Banks for SWIFT Integration Non-Compliance
By Editors | 05/03/2019
The penalties follow directions issued by the RBI in February 2018 requiring banks to link their core banking systems with the SWIFT network.
Emerging Prudential Risks
Are We Ready for the Next Financial Crisis?
By Adrien Vanderlinden | 05/03/2019
DTCC’s Adrien Vanderlinden explores the biggest threats to financial stability 10 years after the financial crisis, and how Asia is responding to potential cyber-threats.
Credit Risk
Record Number of Bangladesh Banks Face Provisioning Shortfall
By Editors | 04/03/2019
As a result of non-performing loans in the banking sector and excessive lending in violation of banking regulations, 15 banks in Bangladesh are facing provisioning shortfalls.
Supervision & Enforcement
S&P Upgrades Philippine Banking System Following New BSP Charter
By Editors | 04/03/2019
The new charter bolsters the BSP’s powers to exercise its core mandate of promoting a sound financial system and address risks arising from the financial system’s interconnectedness.
Conduct, Culture & Accountability
APRA Unveils 2019 Policy Agenda in New Paper
By Editors | 03/03/2019
Much of the focus will be on lifting industry standards on governance, remuneration, and the management of non-financial risks, said APRA chair Wayne Byres.
Conduct, Culture & Accountability
RBI Proposes Overhaul of Bank Executive Compensation Norms
By Editors | 28/02/2019
The proposals include a minimum 50% variable component, a compulsory deferral mechanism, and clawback provisions to ensure compensation reflects performance.
Credit Risk
CBIRC Pressures Banks to Boost Lending to Private Firms
By Editors | 28/02/2019
State-owned lenders are instructed to increase loans to private firms by 30% this year, end discriminatory lending practices, and reduce their reliance on loan collateral.
Capital Adequacy
FSB Explores Effects of Regulatory Reform on SME Financing
By Editors | 27/02/2019
The FSB is seeking feedback on observed trends and drivers in SME financing, and whether regulatory reforms such as Basel III have affected financing to SMEs.
Credit Risk
RBI Tightens Norms to Stem Flow of Credit to NBFC Sector
By Editors | 27/02/2019
The central bank has changed its risk weighting norms for bank exposures to NBFCs, making it more costly to lend to those that are rated poorly.
Capital Adequacy
More CCP Capital Leads to More Prudent Risk Management – BIS Paper
By Manesh Samtani | 26/02/2019
For-profit CCPs have incentives that are misaligned with financial stability, typically holding less capital and requiring less from clearing members than is optimal, says a BIS working paper.
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