Operational Risk

Credit Risk

India Toughens Bad Loan Resolution Framework

By Editors | 15/02/2018

New framework will force banks to reclassify stressed accounts and initiate steps towards resolution, immediately on default.

Market Abuse

Interactive Brokers HK Fined for Trading System Failures

By Editors | 15/02/2018

The firm’s electronic trading system repeatedly submitted orders without regard for market liquidity and without effective price and volume controls.

Operational Risk

SZSE Reports ‘No Major Risks’ in 2017

By Editors | 24/01/2018

Exchange says risk assessments found more than 100 issues of concern but no major threats; to use big data, text mining to improve risk management.

Credit Risk

IMF, World Bank Issue Reports on India Financial Supervision, Market Infrastructure

By Samuel Riding | 24/01/2018

Reports praise progress but suggest more can be done on governance at public sector banks, market infrastructure risk management, among other issues.

Emerging Prudential Risks

China Targets “Complex and Serious” Systemic Risks in Financial Sector

By Garima Chitkara | 22/01/2018

CBRC announces greater focus on shadow banking and lending norms; CBRC chief warns of looming “black swan” event in financial industry.

Operational Risk

Japan Regulator to Overhaul Supervision and Restructure

By Samuel Riding | 08/01/2018

FSA’s move towards ‘dynamic supervision’ includes scrapping inspection manuals, restructuring governance, internal structure and HR policy.

Operational Risk

Philippines Scraps Approval Rules on Private Sector FX Loans

By Editors | 26/12/2017

Loans not guaranteed by public sector entity now only need to be registered; Documentary requirements relaxed.

Emerging Prudential Risks

China Micro-lenders Ordered to Halt Business

By Editors | 27/11/2017

Murkiest of shadow banking sectors has extended short term credit of more than $150bn; extremely high rates, collection methods have led to ‘social problems’.

Operational Risk

Indonesia Regulator to Set-up Regtech Surveillance System

By Editors | 27/11/2017

New technology to include integrated surveillance including early-warning system, data analysis and online regulatory reporting for financial institutions.