The CBIRC is seen to be enforcing strict penalties in order to strengthen market discipline and improve internal control and governance at banks.
June 22, 2022The changes reflect the final Basel III reforms and will improve the consistency and comparability of disclosures across Singapore incorporated banks.
March 31, 2022When supervisory stress tests are less accurate, capital surcharges and disclosure of outcomes can amplify risk-taking by banks, says a BIS working paper.
July 11, 2021IOSCO has published a new report to help jurisdictions identify and address gaps in their complaint handling and redress systems.
January 29, 2021Requirements to report forbearance granted to borrowers will ensure industry statistics reflect the “true health of the banking system” and incentivise prudence in banks’ credit decisions.
August 11, 2020Regulators and FIs alike have an important part to play to build trust in the financial industry, MAS deputy managing director Ong Chong Tee said in a speech on Saturday.
November 18, 2019The RBNZ will start publishing banks' regulatory breaches on its website next year in a bid to improve transparency and market discipline.
September 26, 2019As market discipline strengthens, the Securities Commission and Bursa Malaysia will "proportionately scale down the intensity of regulatory discipline".
June 21, 2019Reserve Bank of New Zealand is working to improve its disclosure regime to uphold three regulatory pillars: self-discipline, market discipline and regulatory discipline.
March 3, 2018Requirement that banks disclose capital ratio which would trigger restrictions on capital distribution will be at the discretion of individual regulators.
February 28, 2018