Prudential Risk

Cloud & Infrastructure

Singapore, Australia and ‘Fundamental Regulatory Overhaul’

By Samuel Riding | 31/08/2017

Requirements on balance sheet reporting a stiff challenge for banks despite regulators’ nods to technology’s potential, says Axiom SL.

Credit Risk

SAS, KPMG Launch Microsoft Azure-based IFRS 9 Solution

By Editors | 31/08/2017

Technology will be offered 1st in Singapore to meet January 2018 IFRS 9 deadline, can be extended to stress testing and other regulatory requirements.

Resolution & Recovery

Singapore Regulator Issues Resolution Regime

By Samuel Riding | 24/08/2017

Resolution regime includes four stage assessment criteria for financial institutions, emphasises private sector role; to be operationalised ‘in due course’.

Clearing & Post-Trade

ISDA Urges EU Not to Force Local Clearing Post Brexit

By Editors | 23/08/2017

Trade organisation says move to local CCPs could push up initial margin costs by 20% or more; cites Australian equivalency model.

Credit Risk

S.Korea Eyes Deregulation to Encourage Banking Competition

By Samuel Riding | 23/08/2017

FSC to come up with deregulation plan by end-of year; wants more challengers to financial sector incumbents after approval of internet-only banks.

Capital Adequacy

Dodd-Frank in Trump’s Crosshairs

By Peter Guy | 21/08/2017

Ignore the US President’s recent legislative failures. Shots at his next target – financial regulations – are likely to hit home, and abroad.

Emerging Prudential Risks

China Financial Regulation Needs to be Stronger Still – IMF

By Samuel Riding | 17/08/2017

IMF praises measures such as inclusion of WMPs in bank assessments but cites concerns about growth in debt and banking sector assets.

Capital Adequacy

Malaysia Launches Leverage Ratio Consultation

By Editors | 17/08/2017

Banks will be required to calculate leverage ratios as of June 30 this year in response to consultation before full requirement comes into effect.

Capital Adequacy

Australia Eyes Provisional Market Access for Aspiring Banks

By Samuel Riding | 16/08/2017

Restricted ADI licensees would need only $2.35mn in capital to take deposits; APRA paper does not address budget proposal to remove ‘bank’ capital requirements.