BIG PICTURE

    Capital / Liquidity

    Banks Have Insufficient Incentives to Use Buffers: IMF

    By Manesh Samtani | 12/04/2021

    Most banks have insufficient economic incentives to draw down their buffers if they are asked to rebuild them later, says the IMF’s Global Financial Stability Report.

    Big Picture

    Exchanges Seek Better Calibration of Circuit Breakers: WFE

    By Editors | 08/04/2021

    Eleven exchanges recalibrated their circuit breakers during the pandemic or as a consequence of it, according to a new WFE paper.

    Big Picture

    Premature Withdrawal of Support May Threaten Financial Stability: FSB

    By Manesh Samtani | 07/04/2021

    As public support is phased out, the ability of banks and non-bank financial institutions to bear risks and provide financing will be critical, the FSB says.

    Capital / Liquidity

    No Material Negative Side Effects to TBTF Reforms: FSB

    By Editors | 03/04/2021

    Indicators of systemic risk and moral hazard moved in the right direction, suggesting that market participants view these reforms as credible, the FSB says.

    Big Picture

    ISDA, CCDC Outline Barriers to Using RMB Bonds as IM Collateral

    By Editors | 03/04/2021

    China has to address questions around close-out netting enforceability, which restrict the use of Chinese government bonds as IM in global derivatives markets.

    Big Picture

    NGFS Offers Climate Risk Guidance for Central Bank Monetary Operations

    By Sanday Chongo Kabange | 29/03/2021

    The report outlines nine options for central banks to adjust their operational frameworks for monetary policy to account for climate-related risks.

    AML / KYC

    Compliance Costs Impacted by Technology, Covid: Report

    By Sanday Chongo Kabange | 25/03/2021

    Firms across APAC that allocate a higher percentage of compliance spend to technology have comparatively lower overall compliance cost.

    Capital / Liquidity

    Climate Risk & Regulation: A Race to the Top

    By Manesh Samtani | 23/03/2021

    Bill Coen, Chair of the IFRS Advisory Council and former BCBS Secretary General, speaks to Regulation Asia about initiatives underway to mitigate climate-related risk in the banking sector.

    Big Picture

    New Report Explores Outlook for Hong Kong Virtual Banks

    By Editors | 17/03/2021

    The paper features case studies of  Revolut and Tinkoff Bank, as well as insights from interviews with all eight Hong Kong virtual banks.

    Big Picture

    BIS Paper Offers Policy Options for Regulating Bigtech

    By Manesh Samtani | 17/03/2021

    Authorities are assessing whether existing regulatory approaches are fit for the purpose of regulating the financial operations of bigtechs.

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