ADVERTISEMENT
Capital Adequacy
RBI Removes Three More Banks from PCA Framework
By Editors | 26/02/2019
Allahabad Bank and Corporation Bank have been released from PCA restrictions following the government’s capital infusion last week; Dhanlaxmi Bank was found not in breach of any PCA risk thresholds.
Credit Risk
UOB, OCBC, DBS to Face Challenging Year Ahead – Moody’s
By Editors | 26/02/2019
Singapore’s three largest banks will face greater asset risks and stagnation of net interest margins in 2019, making it a difficult year ahead for profitability, according to Moody’s Investors Service.
Emerging Prudential Risks
Australian Financial Sector Needs Stronger Systemic Risk Oversight – IMF
By Editors | 26/02/2019
Among other findings, the report notes the need for additional investment in data and analytical tools to strengthen prudential supervision and systemic risk oversight.
Liquidity Risk
Sri Lanka Cuts Bank Reserve Requirements
By Editors | 26/02/2019
To boost credit growth, the Central Bank of Sri Lanka has cut the statutory reserve ratio for commercial banks from 6 to 5 percent, starting in March.
Credit Risk
Westpac Faces Class Action for Irresponsible Lending
By Editors | 26/02/2019
Westpac has vowed to fight the claim, saying it takes its responsible lending obligations very seriously. But it could face a multi-million-dollar settlement if other borrowers join the class action.
Capital Adequacy
HKMA Chief of Ten Years Set to Retire in September
By Editors | 22/02/2019
Norman Chan will leave behind a healthy banking industry with strong capital ratios and low bad debt levels. A selection panel will identify the HKMA’s next chief.
Emerging Prudential Risks
No-Deal Brexit to Have Little Impact on S. Korea, says FSS
By Editors | 22/02/2019
If the UK crashes out of the EU without an orderly exit deal in place, the damage to South Korea’s economy will be slight, according to the Financial Supervisory Service.
Market Risk
CSRC Probes Losses at GF Securities Hedge Fund
By Editors | 21/02/2019
The CSRC is seeking details about large trading losses at a hedge fund managed by GF Securities’ Hong Kong unit. Citigroup faces up to $180mn in losses on a loan to the fund.
Capital Adequacy
India Infuses $6.8bn into 12 Public Sector Banks
By Editors | 21/02/2019
The Indian government has approved capital infusions into 12 public sector banks amounting to $6.8bn as part of its bank recapitalisation plan.
Capital Adequacy
PBOC Launches Bills Swap Facility for Perpetual Bonds
By Editors | 21/02/2019
The central bank bills swap will allow banks to temporarily exchange perpetual bonds for central bank bills for one year, at a rate of 0.25 percent.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.