Prudential Risk

Resolution & Recovery

Singapore Issues TLAC Consultation

By Editors | 12/04/2018

Monetary Authority aims to bring Singapore in line with Basel III capital treatment of capital holdings from January next year.

Capital Adequacy

Philippine Bank Profits Insufficient to Support Asset Growth – Moody’s

By Editors | 09/04/2018

Moody’s says loan growth outpaces capital growth at Philippine banks as strong macroeconomic conditions increase credit demand; banks require external capital raising to improve capital ratios.

Liquidity Risk

Indonesia to Boost Bank Lending Through “Flexible” Credit, Liquidity Rules

By Editors | 09/04/2018

New rules reduce reserve requirements, simplify foreign currency deposit rules and allow banks to use their liquidity buffers to raise funding in repo transactions.

Credit Risk

India Defers Bank Adoption of New Accounting Standard One Year

By Garima Chitkara | 09/04/2018

RBI defers banks’ adoption of the Indian version of IFRS by one year; banks deemed unprepared for migration, government is yet to make necessary legislative amendments.

Credit Risk

Moody’s Upgrades Vietnamese Banks on Improved Asset Quality

By Editors | 09/04/2018

Asia Commercial Bank shows improvement since imprisonment of former vice chairman for fraud, tax evasion and illegal trade.

Conduct, Culture & Accountability

Executive Remuneration Practices Need Improvement – APRA

By Editors | 05/04/2018

APRA review of executive remuneration frameworks at twelve financial institutions found remuneration structures do not encourage behaviour focused on risk management or long-term financial soundness.

Resolution & Recovery

Singapore Bank Resolution Regime Favours Bailouts Over Credit Bail-ins – Moody’s

By Garima Chitkara | 05/04/2018

Singapore regulations favour bailouts over creditor bail-ins as bail-in buffers only comprise 1-2% of Singapore bank assets, says Moody’s.

Emerging Prudential Risks

China Launches Crackdown on Unlicensed Online Asset Managers

By Editors | 05/04/2018

Chinese authorities step up focus on the online asset management industry to clean up unlicensed firms.

Fraud, Scams & Cybercrime

PNB Investigation Reveals Systemic Failures at Bank, RBI

By Garima Chitkara | 05/04/2018

PNB allegedly misled the regulator about the progress of its Swift integration. Indian law enforcement noted that an ill-defined risk-based supervisory approach may have caused the RBI to miss the fraud.