Governor tells foreign firms FSS will shift from ‘punitive and ex-ante supervision’ in 'the Age of VUCA'.
Private equity funds will be allowed to take over bad debts, restructure mid-sized firms.
FSC to tighten market risk monitoring due to domestic political upheaval, external factors.
Regulator’s preliminary figures suggest exposure declined by more than 20%.
Funds will be offered over next three years to close gap with industries in Japan, US and UK.
Increase likely to be a reaction to allowing attribution of loan-loss provisions to regulatory capital.
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