Prudential Risk

Payments & Settlements

Australia Proposes Regulatory Framework for Cash Distribution System

By Sanday Chongo Kabange | 21/07/2025

Australian regulators would gain new powers to oversee pricing, manage crises, and ensure service continuity in the cash-in-transit sector.

Credit Risk

FSC Korea to Boost Support for Small Business Credit Access

By Nithya Subramanian | 21/07/2025

FSC Secretary General Kwon Dae-young outlined five key priorities ranging from cheaper loans and better digital access to loan data, to simplified government support systems.

Model Risk

HKMA Issues Updated Guidance on IRB Model Validation

By Sanday Chongo Kabange | 21/07/2025

The updated guidance introduces stricter requirements on data architecture, conceptual model soundness, group-wide systems, and the use of external benchmarks

Market Risk

New Zealand KiwiSaver Funds See 'Dramatic' Shift to Higher Risk: FMA

By Sanday Chongo Kabange | 21/07/2025

The FMA says the proportion of retirement funds in high-volatility category have quadrupled to over 40 percent since 2021, driven by multiple factors.

Emerging Prudential Risks

G20 Backs Central Bank Independence, Agrees Path on NBFI Risk and Tax

By Manesh Samtani | 19/07/2025

In a rare show of unity, G20 finance ministers issued their first joint communiqué since October 2024, stressing central bank independence.

Fraud, Scams & Cybercrime

China Issues New Accounting Guidance to Curb Financial Fraud

By Editors | 19/07/2025

The CSRC has clarified eight complex accounting issues, including for convertible bonds and credit insurance, to improve disclosure quality.

Cryptocurrency

Australia Sees Launch of First Bitcoin-Backed Mortgage Product

By Editors | 18/07/2025

Fintech firm Block Earner has launched the product after a federal court found its crypto loans did not require a financial services licence, a decision now being appealed by ASIC.

Credit Risk

MAS Proposes Overhaul of Large Exposure Rules for Merchant Banks

By Editors | 18/07/2025

MAS plans to tighten large exposure limits to 25% of Tier 1 capital for merchant banks and refine related-party rules for all banks.

Capital Adequacy

SBV Proposes Bank Rating Rules to Align with Basel III

By Nithya Subramanian | 18/07/2025

The central bank proposed stricter asset quality metrics, incentives for early adoption of Basel capital standards, and a higher classification threshold for large banks.