These are the six factors that could reset Asia-Pacific banking's course

Regulation is the name of the game.

Standard & Poor's Ratings Services recently published it 2015 outlook for the Asia-Pacific banking Sector.

According to a release from Standard & Poor's Ratings Services, regulation is the name of the game for Asia-Pacific's banking sectors in 2015.

"It's now Asia-Pacific's turn to consider introducing certain regulatory developments that are being implemented in the U.S. and Europe, and it is a process that Standard & Poor's Ratings Services projects might be challenging for many of the region's banking systems," says credit analyst Gavin Gunning, in the report.

The report examines six factors that Standard & Poor's believes could shift the profile of the region's banking sectors.

Here's more from Standard & Poor's Ratings Services:

Those factors are: Potential changes to government support for banks; major economic slowdown in domestic economies; eurozone risks; China's risk of a major disorderly property adjustment; a property price drop otherwise across the region; and a spike in interest rates.

The impact of these factors and the probability of one or more of them  occurring tends to vary by banking sector.

"The challenges of embracing a globally uniform set of banking standards are  highlighted by the differing economic and industry risk factors characterizing  Asia-Pacific banking," says Mr. Gunning.

"The direction that individual  countries take could have shape-shifting implications for bank credit quality in Asia-Pacific."