The Monetary Authority of Singapore (MAS) is looking to formally guide banks to embed environmental risk assessment into their risk management policies
Expectations that banks will be able to recoup losses from low interest rates by hiking fees remain unrealistic given the weak overall economic conditions in China and Hong Kong
S&P Global Market Intelligence believes digital banking contenders Sea and the Grab-Singtel consortium are the most likely to gain coveted digital bank licences in Singapore
Australia’s second-largest bank lost its CEO earlier today after a cross-border transaction service was alleged to have broken anti-money laundering rules.
Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
MAS renews plan to establish KYC storehouse; HK and PBoC to collaborate on CBDC; MAS unleashes AI based compliance tool; BoT eases capital restrictions amid baht volatility
As Hong Kong’s protests stretch into their fourth month, at least two of the city’s new virtual banks have decided on a delayed soft launch of the financial product
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