All posts tagged "IMF"
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349Big PictureSingapore Can Withstand Severe Adverse Shocks: IMF
The IMF says Singapore's financial system would continue to be resilient even under very adverse scenarios, but that foreign currency liquidity risk needs to be addressed.
July 17, 2019 -
1.5KBig Picture
Asia Ahead of Other Regions in FinTech: IMF
Policymakers are facing a balancing act between keeping up with the pace of fintech development and trying to ensure risks are well understood and mitigated.
July 4, 2019 -
2.0KAustralia & NZ“Most Banks” Support RBNZ Bank Capital Proposal
The submissions from the RBNZ consultation on raising bank capital requirements show the proposals have broad public support, including from "most banks".
July 3, 2019 -
586Big PictureGFiN Publishes Report Reflecting on First Year of Work
The Global Financial Innovation Network has published a report reflecting on its work over the past year, and its ambitions for the future.
June 27, 2019 -
396Australia & NZ
UPDATED – New Zealand to Introduce Bank Deposit Protection Regime
The government is proposing a limit between NZD 30,000 and 50,000 for the deposit protection regime, which covers about 90% of individual bank deposits.
June 26, 2019 -
416Big PictureBenefits of Stronger Capital Exceed Potential Output Costs
The FSB and BCBS have issued reports assessing the net economic impact of stronger capital and liquidity reforms and the macroeconomic implications of transitioning to full implementation.
June 26, 2019 -
450Hong KongHong Kong FRC’s New Oversight Powers Start in October
The Financial Reporting Council will commence its role as the independent oversight body for auditors of listed companies from 1 October this year.
May 21, 2019 -
1.4KContributed ArticleHong Kong: An Ecosystem Approach to Bank Culture Reform
The HKMA is addressing culture and conduct risk by learning from other markets, engaging with other regulators, and exploring new technology, say Jeff Kupfer and Stephen Scott at Starling Trust.
May 21, 2019 -
945AML / KYCWolfsberg Group Publishes Guidance on Customer Tax Evasion
Financial institutions should be able to leverage existing financial crime compliance, conduct and tax (including tax transparency regimes) procedures and controls, to address the risks of customer tax evasion.
May 15, 2019 -
892AML / KYCFATF Releases Mutual Evaluation Report on China
Some of the gaps identified relate to an insufficient focus on non-financial businesses and professions, difficulties identifying beneficial ownership, and an inadequate sanctions framework.
April 19, 2019
