Operational Risk

Payments & Settlements

HKMA Endorses Proposal to Better Protect Mortgage Borrowers

By Editors | 31/12/2021

The proposal will make use of electronic payments directly from bank to bank, rather than routing payments for large property transactions through law firms.

Liquidity Risk

CBIRC Finalises Liquidity Management Rules for WMPs

By Darien Choong | 30/12/2021

The rules emphasise the integration of liquidity risk management throughout the entire process of wealth management business operations.

Cybersecurity

Taiwan FSC Raises Cybersecurity Expectations in Capital Market

By Darien Choong | 28/12/2021

Securities and futures companies have to disclose more information on cyber incidents. Listed companies have to strengthen cybersecurity management.

Cybersecurity

CBSL Issues Technology Risk Management Rules for Banks

By Duruthu E Chandrasekera | 28/12/2021

The rules require banks to establish an Information Security Committee, chaired by the CEO, to assess the strategic and operational management of the technology risk.

Operational Risk

HKMA Proposes New Guidance on Operational Resilience

By Manesh Samtani | 23/12/2021

Revisions to guidance on operational risk management and BCP have also been proposed to align with the operational resilience guidance.

Capital Adequacy

HKMA Consults on Local Adoption of Pillar 3 Disclosure Requirements

By Manesh Samtani | 23/12/2021

The HKMA proposes to implement almost all the Pillar 3 disclosure requirements, including leverage ratio and market risk disclosure requirements.

Emerging Prudential Risks

CBIRC Enhances Rules for Insurance Groups to Prevent Risk

By Darien Choong | 20/12/2021

The revised rules seek to align the domestic framework with IAIS standards, while also addressing corporate governance and risk management issues.

Structural Regulation

SEBI Grants Mutual Funds More Time to Comply with New Norms

By Editors | 20/12/2021

SEBI has issued new guidelines on the use of pool accounts by mutual funds and deferred implementation of new risk management and benchmarking norms.

Operational Risk

RBI Issues Draft Rules for Banks on Operational Risk Capital

By Editors | 20/12/2021

The draft directions, aligned with the Basel III standards, are open for consultation until 31 January 2022 and expected to take effect on 1 April 2023.