Prudential Risk

Emerging Prudential Risks

Believe It – More Fund Management Regulation Coming

By Peter Guy | 19/08/2015

Resistance by Fidelity Investments and BlackRock is futile. Large fund managers pose a systemic risk in their own way.

Credit Risk

Vietnam Banking Authorities Reject Arrest Rumours

By Editors | 19/08/2015

Officials at the State Bank of Vietnam have dismissed rumours that the chairman of top lender Eximbank had been arrested.

Credit Risk

Aussie Major Westpac Bank Tightens Interest-Only Credit Policies

By Editors | 18/08/2015

Westpac is tightening credit policies for interest-only mortgages, an area where financial regulators have raised concerns about bank underwriting standards.

Credit Risk

India Unveils Revamp Plan for State Run Banks

By Editors | 18/08/2015

India’s government has announced a comprehensive seven-pronged revamp plan to shake up its struggling public sector banks, dubbed “the most comprehensive plan since nationalisation of banks in 1969”.

Conduct, Culture & Accountability

Big Aussie Banks Refuse to Contribute to Compensation Fund

By Editors | 17/08/2015

The big bank lobby is refusing to fund a “last resort” compensation fund for victims of financial planners that go bust, arguing that smaller companies should fund it themselves.

Emerging Prudential Risks

Indonesia to Announce D-SIBS After New Crisis Management Law is Passed

By Editors | 17/08/2015

Indonesia’s Financial Services Authority says it will announce the country’s domestic systematically important banks after the new law on the Financial System Safety Net is passed.

Capital Adequacy

APRA Updates Guidelines on the Use of Restricted Banking Terms

By Editors | 17/08/2015

The Australian Prudential Regulation Authority has released updated guidelines in relation to the use of restricted terms in banking services.

Trading & Investment

China’s Central Bank Intervenes to Stabilise Yuan

By Editors | 14/08/2015

The People’s Bank of China ordered state banks to buy yuan, at designated rates on behalf of the monetary authorities, to stem the currency’s slide.

Structural Regulation

RBI Seeks Greater Oversight Over Co-Operative Banks

By Editors | 14/08/2015

The Reserve Bank of India has asked the government to amend laws which will allow the regulator to grant commercial bank licences to urban co-operative banks.