All posts tagged "Banks"
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276Asia-PacificThailand Banking Sector Resilient to Severe Shocks: IMF
Stress tests results and sensitivity analysis indicate that Thailand's largest banks can withstand a shock broadly "as severe as the Asian financial crisis".
October 10, 2019 -
266Asia-PacificBSP Streamlines Rules for Payment System Operators
The Philippine central bank has simplified the registration process for payment system operators, and created a new consolidated manual of regulations to facilitate compliance.
October 3, 2019 -
568Australia & NZNew Zealand to Introduce New Conduct Oversight Regime
New legislation to implement the regime is expected by year-end, empowering the FMA with stronger enforcement tools and the ability to impose higher penalties for conduct breaches.
September 27, 2019 -
149Australia & NZAPRA Wants More Data on Lenders’ Property Exposures
APRA is proposing to incorporate more detailed data on residential property exposures and new housing loan approvals in its QPEX statistical publication.
September 25, 2019 -
271Asia-Pacific
BSP Enhances Rules on Voluntary Surrender of Banking Licences
The guidelines are aimed at improving protections for depositors and creditors of banks that have decided to cease operations.
September 25, 2019 -
309Fintech / RegtechRBI Orders Banks, NBFCs to Restrict Access to Credit Data
Financial institutions in India are known to be giving fintech firms and institutional agents direct access to data from credit bureaus, without customer consent.
September 24, 2019 -
337Asia-Pacific
BSP 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 -
467ChinaChina 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 -
521Capital 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 -
345Australia & 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
