Prudential Risk

Capital Adequacy

ECB May Impose Capital Charge on Banks With Excess Russia Exposure

By Editors | 11/11/2024

The ECB is considering adjusting capital requirements for Raiffeisen Bank International and UniCredit to account for Russia-related risks.

Conduct, Culture & Accountability

HKMA Mandates Cooling-off Period for Unsecured Consumer Credit

By Editors | 11/11/2024

Retail banks including digital banks have until end-June 2025 to implement at least a 7-day cooling-off period for all unsecured consumer credit products.

Emerging Prudential Risks

APRA to Launch System-wide Stress Test in H1 2025

By Thisanka Siripala | 08/11/2024

APRA’s Therese McCarthy Hockey said the “System Risk Stress Test” will focus on risk transmission channels between banks and super funds.

Market Risk

UPDATED – New Margin Rules for OTC Derivatives Take Effect in India

By Editors | 08/11/2024

Only the VM rules have taken effect on schedule. The effective date for the IM rules has been extended to 1 April 2025.

Operational Risk

BSP Issues New Operational Resilience Requirements for FIs  

By Sanday Chongo Kabange | 07/11/2024

Larger FIs have two years to develop and integrate operational resilience frameworks into their governance structures and risk management processes.

Emerging Prudential Risks

FSB to Pivot NBFI Work Towards More Targeted Approach – Report

By Editors | 06/11/2024

Two priority areas that could be brought into greater focus include basis trades used by hedge funds and vulnerabilities in private asset markets.

CBDCs

Seven Korean Banks to Start Testing Usage of Deposit Tokens

By Editors | 06/11/2024

The banks will establish wallets for users within the CBDC system and use them to issue deposit tokens, which the users can use to purchase goods and services.

Credit Risk

Thailand Pursuing New Measures to Tackle Rising Household Debt

By Editors | 05/11/2024

The proposed measures would allow certain debtors to receive a three-year moratorium on interest and a 50 percent reduction on principal payments.

Operational Risk

FCA Issues Guidance on Preparing for CrowdStrike-Style Outages

By Manesh Samtani | 05/11/2024

The FCA offers guidance on compliance with its operational resilience rules by 31 March 2025, drawing lessons from the response to CrowdStrike’s July outage.