Latest articles from James King

APRA

Australia considers AT1 overhaul after recent banking crises

October 12, 2023

The country is an outlier internationally, with a large proportion of AT1s held by domestic retail investors. Regulator Apra believes this would make it particularly challenging to use AT1s during the recapitalisation of a bank in resolution.

Rupiah close up

Indonesia launches de-dollarisation task force

September 20, 2023

Regulatory incentives could be on the way for commercial banks to help develop their local currency trading and settlement infrastructure.

Cracked Apac map

Fragmented UBO rules in Asia-Pacific complicate financial crime fight

August 29, 2023

Risks facing banks whose businesses straddle highly regulated home markets and countries with ill-defined rules and lower transparency standards are growing. 

Bitcoin logo over Jakarta

State-backed cryptocurrency exchange launched in Indonesia

August 15, 2023

A booming crypto market in Indonesia impacts moves towards transparency and investor protection.

US one dollar note

US banks face stricter rules with Basel III

July 26, 2023

The Fed’s Basel III endgame could increase banks’ capital for trading by 60%. 

Physical central bank digital currency coins

Singapore’s Project Orchid lets interoperable currency bloom

July 11, 2023

Is Purpose Bound Money a game changer for the future of digital money? 

DeFi cube

ESRB proposes DeFi rules amid crypto volatility

June 28, 2023

To build on MiCA, nuance is needed to avoid overburdensome regulation.

Hong Kong financial district

Asia-Pacific banks struggle with FRTB

June 19, 2023

The Basel rulebook revamp is presenting a panoply of issues for banks across the region as the deadline for implementation draws closer.

Australian bank notes hung out to dry

Australia in the hot seat for money-laundering failures

May 31, 2023

Politicians are coming under fire for the country’s lax approach to fighting the financing of crime. 

A busy market street in Qatar

Qatar’s growth set to ease after strong World Cup year

May 31, 2023

While the impact of higher gas prices is set to ease in the short term, expansion of the North Field LNG project will underpin economic growth in the coming years.

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