EY
LGT Capital Partners opens China office
People moves
Rise in CCPs may spur collateral fragmentation
Currency controls
FSA’s cyber resilience review ‘may reveal shortfalls’
Review of 30 financial institutions will lead to first new guidance in seven years
Chilean insurers grapple with risk-based capital assessment
New framework will challenge domestic insurers, experts warn
EU proposals give banks greater enforcement role, expert says
European Commission plans to expand anti-money laundering legislation
Proposed derivative restrictions for Singapore insurers to have a limited impact
New MAS proposals to unify investment guidelines for all insurers, and in doing so limit derivatives usage, will not affect existing investment policies for insurance firms
Solvency II transitional measures come under fire
Concerns about costs and suitability of phase-in of capital charges
Hong Kong retirement funds may be exempt from Fatca
The largest pension schemes in Hong Kong can potentially be exempted from Fatca after being judged by the US to be low risk for tax evasion
Dodd-Frank will hit Asian banks onshore in the US
Dodd-Frank will require some foreign banks to set up intermediate holding companies for their US operations and also subject them to enhanced liquidity, supervision and stress testing. How will Asian banks be affected given the flow of US dollars from…
RDR fees still not clear for clients, experts warn
Clients still in the dark about RDR fees despite January 1 deadline passing
Asian currency hedgers to be hit by ‘fatal flaw’ in new accounting rules
A major change is needed to correct new hedge accounting rules, which could restrict derivatives use by Asian firms hedging their foreign currency exposures
Collateral Management Survey 2012: insurers unprepared for OTC cleared regime
The move to central clearing of OTC derivatives trades will have a dramatic impact on the insurance industry’s use of collateral. A survey, conducted by Insurance Risk in conjunction with BNY Mellon, finds many insurers have yet to assess fully the…
Basel III and Islamic finance: friend or foe?
Faith in the system
Australian banks well placed to meet new Apra liquidity reporting standard
Tougher liquidity reporting standards imposed by the Australian regulator won't be a problem for the country's four main banks
Philippine early implementation of Basel III capital ratios politically motivated
The decision to bring full Basel III compliance in five years ahead of the final deadline is based on politics rather than economics, according to one risk manager
Consultancy of the Year – Ernst & Young
Asia Risk Awards 2012 winner: Ernst & Young – Consultancy of the Year
FSA flexing its muscles with RDR letter, observers say
A "Dear CEO" letter from the FSA on RDR is seen as a harbinger of its new interventionist stance
Systemic risk methodology continues to worry insurers
Punitive reform
Barnier proposes delay to Omnibus II vote
Commissioner proposes waiting for results of impact study on long-term guarantees in March 2013
Fatca reciprocity agreement may cause delays, experts warn
US firms expected to push back on Fatca quid pro quo
Time running out for Omnibus II negotiations as latest trilogue fails to find agreement
Further trilogue scheduled as policy-makers seek compromise on package for long-term products before summer recess
Oxford Publishing settlement underlines Bribery Act doubts
A year on, still no high-profile prosecutions