Prudential Risk

Operational Risk

APRA Ends Probe into HESTA Super Fund Valuation Decisions

By Mark Johnston | 20/11/2024

HESTA agreed to make payments to members affected by valuation decisions made during the early days of the Covid-19 pandemic.

Capital Adequacy

FSB Urges G20 Leaders to Fully Implement Agreed Reforms

By Mark Johnston | 20/11/2024

FSB Chair Klaas Knot emphasises the importance of addressing financial system vulnerabilities, including through the full and timely implementation of agreed reforms.

AI Risk & Governance

FSB Flags Growing Risks of AI Adoption in Financial Services

By Thisanka Siripala | 19/11/2024

New FSB report identifies AI-related vulnerabilities in the financial sector that can potentially increase systemic risk.

Resolution & Recovery

FSB Urges Jurisdictions to Advance Bank Resolution Planning Efforts

By Manesh Samtani | 18/11/2024

The 2023 bank failures underscored that “any financial institution” could be systemically significant or critical if it fails.

Capital Adequacy

IAIS Approved Final Version of Insurance Capital Standard

By Editors | 17/11/2024

The ICS aims to provide a globally comparable risk-based measure of capital adequacy of internationally active insurance groups.

Clearing & Post-Trade

LME Clear Announces Reforms Tripling Member Capital Requirements

By Editors | 15/11/2024

LME Clear said the proposal would better align member capital requirements with those of peer CCPs and reassure market stakeholders of its markets resilience.

Credit Risk

Indonesia Opens 6-Month Window for Loan Forgiveness

By Nithya Subramanian | 15/11/2024

Under the new regulation, state banks can grant certain MSMEs full loan forgiveness without being charged with creating state losses.

Capital Adequacy

RBI Releases 2024 List of Domestic Systemically Important Banks

By Nithya Subramanian | 14/11/2024

SBI, HDFC, and ICICI remain India’s three D-SIBs. SBI and HDFC have to meet a higher CET1 requirement from April 2025.

Climate Risk

APRA Releases Results of Latest Climate Risk Self-Assessments

By Sanday Chongo Kabange | 14/11/2024

Climate risk maturity has improved at larger entities. APRA plans to amend its prudential standards on risk management to include climate risk.