The IMF recommends enhancing monitoring of lending to Mainland China, increasing oversight over banking groups, and regulating mortgage lending by non-banks.
June 10, 2021Five asset managers have been appointed to manage S$1.8bn of Singapore's official foreign reserves under new mandates focused on climate change and the environment.
June 10, 2021Despite criticism from investors, most banks adopt a 20 percent cap on dividends, as recommended by the FSC in January.
June 3, 2021The FSC says LINE Bank’s report explaining its launch day system failure was not satisfactory. The regulator will ask the bank improves its operations.
May 12, 2021LINE Bank services crashed on Thursday due to "system overload" just as it launched new digital banking services.
April 27, 2021The PBOC will allocate more green bonds to China’s foreign exchange reserves. A new catalogue of projects that are eligible for green bond issuance has been issued.
April 22, 2021Bank capital adequacy could fall to 11.7% by 2022 in a baseline scenario, 9.3% in an adverse scenario, and 4.9% in a severe adverse scenario.
April 20, 2021Previously, only major banks were stress-tested. The expanded stress tests are meant to improve risk monitoring and early warning systems.
April 19, 2021The SEC is considering imposing conditions for investors seeking to redeem mutual fund units, among other measures to enhance liquidity management at funds.
March 19, 2021The revision bill addresses issues with feeder funds, cross investing between PEFs managed by the same entity, and inappropriate sales activities involving coercive sales tactics.
March 12, 2021