Contact us
Request Free Trial
Analysis, Financial Stability

APAC regulators boost bank deposit insurance schemes

By Natasha Teja
July 17, 2023
Regulators in Asia-Pacific want to strengthen bank deposit insurance schemes. Image via Getty

Hong Kong, Singapore and New Zealand move to beef up bank-funded deposit insurance regulations, with more Asian countries likely to follow suit, after alarming rapid bank runs in the US.

In the past month alone, three key financial watchdogs in Singapore, Hong Kong and New Zealand have announced ...

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.

Read Next:

Close up of Gold coins and $100 bills
Prudential, Recovery & Resolution
May 3, 2023

FDIC recommends 'targeted coverage' model for deposit insurance reform

The Federal Deposit Insurance Corporation (FDIC) has outlined three potential models for deposit insurance reform in the wake of recent banking disruption. The FDIC’s report, published on May 1, reviewed...
Read more