Operational Risk

Cybersecurity

HK Regulatory, Compliance Demand Steady

By Samuel Riding | 01/03/2017

Morgan McKinley report says cybersecurity among the strongest areas of demand.

Emerging Prudential Risks

China Moots Ban on Futures Company Asset Management Products

By Samuel Riding | 24/02/2017

Products are typically used to circumvent provision and reserve requirements.

Resolution & Recovery

Indonesia to Issue RRP Regulation

By Samuel Riding | 23/02/2017

Systemic banks will be required to set up crisis management teams.

Credit Risk

Vietnam Extends Banks’ Loan Recovery Powers

By Samuel Riding | 22/02/2017

Banks and credit institutions will also soon be allowed to provide new types of loans including revolving credit.

Market Risk

OTC Margining – Delaying the Inevitable, Inevitably

By Samuel Riding | 16/02/2017

Regulators, and those they regulate, simply weren’t ready to implement variation margin requirements.

Liquidity Risk

Philippine Central Bank Warns on VM Liquidity Risk

By Samuel Riding | 15/02/2017

BSP urges banks to assess readiness to comply, evaluate impact on operational risk.

Liquidity Risk

RBNZ Continuing Work on Bank Reporting Dashboard

By Samuel Riding | 15/02/2017

Banks raise concerns about publication timing, data control, inclusion of liquidity metrics.

Supervision & Enforcement

Japan, Iran Agree Joint Supervision

By Samuel Riding | 15/02/2017

Letter covers cross-border establishments, includes provisions on information sharing, training.

Supervision & Enforcement

Bank of England Fines Japanese Bank $33.34Mn

By Samuel Riding | 13/02/2017

Bank failed to report US regulator’s enforcement action against them to the Bank of England.