The RBI has again deferred 'until further notice' the implementation of new accounting rules for banks, which could have forced banks to raise bad loan provisions by $16bn in H2, said Fitch.
March 25, 2019The FSB is seeking feedback on observed trends and drivers in SME financing, and whether regulatory reforms such as Basel III have affected financing to SMEs.
February 28, 2019In the year ahead, banks will have to focus on seamless data integration and regtech adoption to cope with increasingly complex regulatory reporting requirements, says Wolters Kluwer’s Wouter Delbaere.
January 9, 2019Moody's says problem loan coverage has improved for many APAC banks, offsetting overall declines in CET1 ratios as a result of IFRS 9.
October 16, 2018Philippines domestic guidelines for IFRS 9 have been adopted by the central bank with additional requirements for governance overlaid on rules for impairment of bank assets.
August 6, 2018Large state banks short an estimated $120mn in capital, of which state banks account for 72%; government infusion may be needed to meet Basel III 2019 requirements.
June 5, 2018The adoption of Singapore’s equivalent of IFRS 9 will be neutral for bank capitalisation, but changing risk and macroeconomic conditions could lead to varying levels of provisioning, says Moody's.
June 4, 2018DBS, OCBC and UOB will see greater interest income due to increased rates and improved capital buffers as oil and gas NPAs were recognised and provisioned in 2017.
February 19, 2018Uniform disclosure template ensures consistency and comparability of data disclosed by institutions during the transition to full IFRS 9 implementation.
January 14, 2018Technology will be offered 1st in Singapore to meet January 2018 IFRS 9 deadline, can be extended to stress testing and other regulatory requirements.
August 31, 2017