All posts tagged "Banks"
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379Capital 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 -
357Australia & 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 -
2.3KContributed ArticleMAS Publishes Finalised Mandatory Trading Regulations for Derivatives
Kai Loon Loh and Patrick Phua at global law firm Ashurst sum up the key takeaways from the MAS response to consultative feedback and the now-finalised mandatory trading regulations.
March 19, 2019 -
734ChinaHKMA, PBOC Collaborate on Cross Border Financial Services – Report
As part of a plan to develop the Greater Bay Area, the HKMA and PBOC are reportedly planning to work together on the introduction of cross-border mobile payments and other financial services.
February 20, 2019 -
444IndiaRBI Eyes Holding Company Model for India’s Banks
The RBI wants banks to operate as subsidiaries of financial holding companies, with other business arms also split off into separate subsidiaries.
February 11, 2019 -
663FeatureMAS Consults on Revisions to Banking Act
Among the amendments are proposals to expand the grounds for which MAS can revoke a bank licence, and expanded circumstances for auditors to report on a bank's financial soundness.
February 8, 2019 -
2.2KFintech / Regtech
MAS Proposes New Requirements for Banks’ Outsourced Functions
The proposals will expand MAS' powers to impose requirements on banks' and merchant banks' outsourcing arrangements, regardless of where outsourced functions are performed.
February 8, 2019 -
303Market Infrastructure
MAS Extends Deadline to Implement E-payments User Protection Guidelines
The MAS is allowing an extra six months for compliance with its e-payments user protection guidelines, following requests from banks for more time to implement system changes.
February 1, 2019 -
190Capital RegulationCommunist Party Committees To Foster Risk Aversion at Chinese Banks
China’s regional and mid-tier banks are formally establishing Communist Party committees in support of the government’s bid to crackdown on excessive risk taking in the banking sector.
June 28, 2018 -
221AML / KYCJapan FSA Orders Banks to Report on North Korea JVs
All banks and credit unions ordered to provide the details on accounts used by 10 existing Japan-North Korea joint ventures, including details on individuals and entities, assets, employees and transaction records.
June 25, 2018
