The RBI has bolstered its supervisory focus at banks amid findings of compliance, risk management and internal audit weaknesses.
April 5, 2022Banks should operate with a mortgage serviceability buffer of at least 3 percentage points over the loan interest rate, and control lending at high debt-to-income ratios.
October 7, 2021The amendment is expected to contribute only marginally to addressing Japanese banks’ structural profitability challenges, Fitch Ratings says.
June 30, 2021The FMA says liquidity stress tests are not being performed frequently enough and fund managers do not have sufficient liquidity management tools.
June 24, 2021The guidance sets out how investor suitability and appropriateness tests should be carried out during the sales process.
June 4, 2021South Korean financial institutions are required to record the sales process and implement a cooling-off period for complex investment products.
May 13, 2021The RBNZ says it is confident that the revised principles are now robust, comprehensive and will guide the ongoing policy work on the review of solvency standards.
March 5, 2021MAS proposes to enhance the current requirements relating to enterprise risk management, investment risk management and disclosure practices.
February 23, 2021Asset managers will remain in the regulatory spotlight as authorities actively work to reduce conflicts of interest in financial advice and elevate supervision of fund liquidity management.
December 10, 2019ASIC says the boards of listed companies need to review their governance practices and accountability structures to ensure effective management of non-financial risks.
October 2, 2019