Inside ASEAN: Vietnam (Episode 3)

Inside ASEAN: Vietnam (Episode 2)

Inside ASEAN: Vietnam (Episode 1)

Australian major banks' results

Outlook-Korean Sovereign & Financial Institutions

APRA Decides to Standardize Submission Date for Quarterly Reporting

APRA announced the standardization of quarterly reporting due dates for authorized deposit-taking institutions.

APRA to Finalize Capital Adequacy Standard Revisions by January 2022

Asia Pacific Australia Banking APS 111 Capital Adequacy Regulatory Capital Basel RBNZ APRA

MAS Updates Housing Loan Rules, Proposes Corporate Governance Guidance

MAS updated rules for new housing loans by banks and finance companies.

HKMA Publishes Guideline on Sustainable Finance Grant Scheme

HKMA published a statement on the 100% Personal Loan Guarantee Scheme and a guideline on the Green and Sustainable Finance Grant Scheme (GSF Grant Scheme) as announced in the 2021-22 Budget.

U.S. Macro & Regional Economic Outlook

The U.S. economy is booming and near-term prospects have rarely been as strong.

MAS Launches FinTech Hackcelerator for Development in Green Finance

MAS announced launch of the sixth edition of the Global FinTech Hackcelerator, with the theme “Harnessing Technology to Power Green Finance.”

CBUAE Issues Regulation for Low-Risk Specialized Banks

CBUAE has issued a regulation that introduces the licensing and supervision framework for low-risk, specialized banks.

CBIRC Clarifies Requirements for Large Risk Exposures of Foreign Banks

CBIRC published a notice on its decision to exempt foreign-funded corporate banks from the regulatory requirements for large-scale risk exposure of parent bank groups.

APRA Proposes Guidance to Support Prudential Standard on Remuneration

APRA is consulting on CPG 511—the draft Prudential Practice Guide on remuneration for banks, insurers, and superannuation licensees—with the comment period ending on July 23, 2021.

MAS Announces Grant Scheme to Spur Adoption of Regtech Solutions

MAS announced a new RegTech grant scheme and an enhancement of the Digital Acceleration Grant (DAG) scheme to accelerate technology adoption in the financial sector.

BNM Publishes Guidance on Climate Change and Principle-Based Taxonomy

BNM finalized the guidance on climate change and its impact on businesses and households as well as the broader economy.

OJK Circulars on Business Plans for Commercial and Islamic Banks

OJK published circulars concerning business plans for commercial banks, Islamic commercial banks, and Sharia business units.

HKMA Outlines Work Priorities for 2021, Grants License to NH Bank

HKMA granted a banking license to NongHyup Bank (also NH Bank), which is incorporated in the Republic of Korea.

APRA Publishes FAQ on Treatment of Rural Exposures in IRB Approach

APRA recently approved the acquisition of 86 400 by the National Australia Bank Limited, allowing the bank to hold a 100% stake in 86 400 Holdings Ltd and 86 400 Ltd, subject to the relevant scheme of arrangement between 86 400 Limited and its members receiving court approval under the Corporations Act.

JFSA Council Proposes to Enhance TCFD-Aligned Disclosures for Firms

JFSA published a summary of the March 2021 meeting of its Council of Experts.

PBC, NDRC, and CSRC Release Green Bond Endorsed Projects Catalogue

PBC, the National Development and Reform Commission (NDRC), and the China Securities Regulatory Commission (CSRC) jointly released the "Green Bond Endorsed Projects Catalogue (2021 Edition)."

CBIRC to Further Promote Development of Financial Services for SMEs

CBIRC issued notice on promoting the high-quality development of financial services for "small and micro" enterprises, or SMEs, in 2021.

HKMA Revises Policy Module on Systemically Important Banks

HKMA revised the Supervisory Policy Manual (SPM) module CA-B-2 on systemically important banks.

APRA Proposes Guidance on Managing Financial Risks of Climate Change

APRA launched a consultation on the Prudential Practice Guide for the management of climate change financial risks (CPG 229) for banks, insurers, and superannuation trustees.

RBNZ to Lead Implementation of Deposit Takers Act

RBNZ announced that the Cabinet decision to adopt the final measures resulting from the Reserve Bank of New Zealand (RBNZ) Act Review will see drafting commence for new legislation, which is to be known as the Deposit Takers Act.

HKMA Sets Out Regulatory Treatment for Personal Loan Guarantee Scheme

HKMA has published a circular that sets out the regulatory and reporting treatment for loans that participating authorized institutions may grant to eligible borrowers under the 100% Personal Loan Guarantee Scheme.

HKMA Consults to Update Providers List Under OTC Derivatives Regime

HKMA and SFC seek views, until May 14, 2021, to update the list of financial services providers under the over-the-counter (OTC) derivatives clearing regime in Hong Kong.

Australian Used-Vehicle Prices Rise in First Quarter on Supply Concerns

According to the Datium Insights-Moody's Analytics Price Index, wholesale used-vehicle prices are 37% above the pre-pandemic high set in February 2020.

MAS Amends Notice on Related Party Transactions of Banks

MAS amended Notice 643A that addresses requirements for banks to prepare statements of exposures and credit facilities to related concerns or parties.

BOT to Cease Publication of THBFIX Reference Rate After June 2023

BOT announced that the publication of the Thai Baht Interest Rate Fixing (THBFIX) interest rate reference will be discontinued after June 30, 2023.