All posts tagged "Banks"
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208Asia-PacificBSP Issues Guidelines for Banks on Managing IRRBB
Covered supervised institutions have until 1 January 2021 to develop or revise their policies and procedures in accordance with the guidelines.
August 14, 2019 -
362ChinaChina Allows Banks to Trade Bonds Via Stock Exchanges
Currently, Chinese banks mostly trade bonds only in the interbank market. The move will increase their allowed scope for bond investments and improve the real economy’s access to financing.
August 8, 2019 -
479Capital RegulationCBIRC Issues New Rules to Raise Transparency on Bank Ownership
By end-June 2020, all banks must provide the complete and accurate register of their shareholders to custodian institutions who will manage the register moving forward.
July 26, 2019 -
290Australia & NZOver 35,000 Complaints Received in Six Months: AFCA
Over 60% of the complaints have been resolved, resulting in A$83mn in settlements. More than one-third of complaints were directed at banks.
July 17, 2019 -
432IndiaSEBI Tightens Rules on Handling of Client Securities
SEBI has issued new rules governing the management and disposal of client securities held by trading and clearing members.
June 21, 2019 -
481Asia-Pacific
Philippines Revises Framework Governing Bank Auditors
The revised framework lays out criteria for banks to select external auditors as well as key guidelines for auditors in their assessment of banks.
May 29, 2019 -
434Australia & NZASIC Raises Bar for Complaints Handling at Financial Firms
The proposals raise internal dispute resolution standards at financial firms, and introduce mandatory data reporting to help make complaints handling performance more transparent.
May 16, 2019 -
579Australia & NZAustralia Seeks Mandatory Carbon Risk Reporting by 2021
A green political party in Australia has announced a new policy that will make carbon risk reporting mandatory for banks, insurers, super funds and the largest listed companies in 2021.
May 10, 2019 -
520Capital RegulationChina’s Henan Province Has an NPL Problem – Report
Of Henan's 93 commercial banks, 42 have high levels of nonperforming loans, a dozen of which reported an NPL ratio above 20%, 'several' as high as 40%.
April 8, 2019 -
491Australia & NZAPRA to Implement New Data Reporting System in March 2020
APRA says in its initial implementation plan that entities must start ensuring their readiness for the new system now, as there is only a one year timeline for implementation.
April 3, 2019
