Prudential Risk

Resolution & Recovery

MAS Raises Bank Deposit Insurance Protection 50pc

By Editors | 21/05/2018

Deposit Insurance Scheme coverage to increase to protect up to SGD75,000 per depositor, up from SGD50,000, starting from 1 April 2019.

Liquidity Risk

Growing Liquidity Requirements, a Regulatory Hazard for Asset Managers

By Peter Guy | 21/05/2018

Asset managers resist bank-like capital and liquidity regulations being contemplated by regulators. But new requirements appear unavoidable given recent regulatory trends.

Credit Risk

UPDATED – Myanmar Approves Formation of First Credit Bureau

By Editors | 18/05/2018

Joint venture between banks association and Singapore-based ACB Holdings to establish credit bureau will enable banks to better assess loan risks.

Capital Adequacy

China Gives the CBIRC Exclusive Supervision Over Leasing Industry

By Garima Chitkara | 17/05/2018

Leasing companies will no longer come under the Ministry of Commerce and will be supervised by the CBIRC, in a move to streamline regulation of the leasing industry and ensure consistent application of regulatory norms.

Structural Regulation

ASIFMA: China’s Reforms Target Increased Foreign Participation

By Manesh Samtani | 17/05/2018

Beijing-based panellist emphasised the rule of law, clear and transparent regulation and increased competition from foreign intermediaries as key to China’s opening up.

Capital Adequacy

BCBS, IOSCO Target Simple, Transparent Securitisation Structures

By Garima Chitkara | 16/05/2018

Preferential regulatory capital treatment to be applied for banks acting as investors in or as sponsors of short-term securitisations that meet ‘simple, transparent and comparable’ criteria.

Credit Risk

Fitch Downgrades HK Banks due to China Exposure

By Garima Chitkara | 16/05/2018

Fitch Ratings cut its assessment of Hong Kong banks’ operating environment from A+/negative to A/stable because of growing influence of Chinese economy on the industry.

Conduct, Culture & Accountability

SFC Fund Manager Code of Conduct – What You Need to Know

By Derek McGibney | 16/05/2018

The ten key points you need to know about the SFC’s consultation conclusions on changes to the Fund Manager Code of Conduct, due to be implemented in six months’ time.

Credit Risk

UPDATED – RBI Freezes Lending, Hiring at Indian Banks Amid Rising NPAs

By Garima Chitkara | 14/05/2018

Central bank imposes lending and hiring freeze on Dena Bank, a public sector bank that reported a four-fold increase in gross NPAs and negative ROA for the quarter ending March 2018.