Article
COVID-19：Updates on regulatory and supervisory responses in Asia Pacific Vol.4（as of 7 May）
Asia Pacific Centre for Regulatory Strategy（ACRS）
This is provided an overview on the regulatory and supervisory responses to COVID-19 in Asia Pacific since the pandemic began. Regulators in our region have responded in a number of ways and we have broken these categories up into five main categories.
Explore Content
- 1. Capital
- 2. Liquidity
- 3. Provisioning, definition of default and non-performing loans (NPL)related measures
- 4. Consultations / implementation timetables
- 5. Other (reporting, stress testing, conduct, etc.)
2. Liquidity
See download file
- (JP JFSA, 27&30 Apr) Report on the status of loan modification and Financial support to the clients
- (JP BOJ, 27 Apr) Enhancement of Monetary Easing
- (AU ASIC, 29 Apr) ASIC responds to 'lenders' request for clarification on lending during the COVID-19 pandemic
- (IND BI, 30 Apr) BI Issues Policy Follow-Up Provisions Against Pandemic COVID-19
3. Provisioning, Definition of Default and NPL-related measures
See download file
- (SK FSC, 27 Apr) Deferment of principal payment available for vulnerable debtors
- (NZ RBNZ, 30 Apr) Reserve Bank removes LVR restrictions for 12 months
4. Consultations / implementation timetables
See download file
- (AU APRA, 16 Apr) APRA announces new commencement dates for prudential and reporting standards
5. Others (reporting, stress testing, conduct, etc.)
See download file
- (AU ASIC, 14 Apri) ASIC grants relief to industry to provide affordable and timely financial advice during the COVID-19 pandemic
- (SG MAS, 16 Apri) New Measures to Help REITs Navigate Operating Challenges Posed by COVID-19
- (HK HKMA, 22 Apri) Postponement of 2020 Supervisor-Driven Stress Test
- (AU ASIC, 27 Apri) ASIC letters to general and life insurers in the current COVID-19 environment
- (SK FSC, 27 Apr) Reporting Deadline Extensions for South Korean companies
- (NZ FMA, 28 Apri) Exemptions grant temporary relief from some reporting deadlines
- (NZ FMA, 28 Apri) 'No 'action' relief as a result of COVID-19
- (HK SFC, 29 Apri) Management of cybersecurity risks associated with remote office arrangements
- (INRBI, 30 Apri) Extension of regulatory reporting deadlines
- (NZ FMA, 30 Apri) Insurer COVID expectations from the FMA
- (SG MAS, 30 Apri) Second phase of measures to support individuals
- (JP, 4 May) Extension of the State of Emergency
- (AU ASIC, 7 May) Reminder on director trading during COVID-19
【Recommendations】
