Prudential Risk

Tokenisation

FSB Chair Updates G20 on Work to Maintain Financial Stability

By Manesh Samtani | 23/10/2024

The FSB published a report on the financial stability implications of tokenisation and a progress update on the G20 Crypto-Asset Policy Implementation Roadmap.

Supervision & Enforcement

RBI Halts Loan Activities of Four NBFCs Over Compliance Issues

By Nithya Subramanian | 23/10/2024

The RBI ordered four NBFCs to stop disbursing new loans due to excessively high rates which are non-compliant with regulatory guidelines.

Operational Risk

APRA Publishes Template for Reporting Material Service Providers

By Editors | 22/10/2024

Regulated entities will use the template to provide their MSP register to APRA on an annual basis, as required by the new CPS 230 standard.

Resolution & Recovery

Vietnam Regulator Orders Mandatory Takeover of Two Troubled Banks

By Nithya Subramanian | 22/10/2024

The SBV ordered the transfer of Vietnam Construction Bank to Vietcombank and OceanBank to Military Commercial Bank to address bad debts.

Liquidity Risk

China Lowers Benchmark Lending Rates to Support Economy

By Editors | 22/10/2024

The cuts are aimed at driving down financing costs for businesses and individuals, and boosting domestic demand.

Capital Adequacy

HKMA Introduces New Measures to Boost SME Lending by Banks

By Editors | 21/10/2024

The HKMA lowered the CCyB ratio and will allow banks to early adopt the preferential treatments for SME exposures under the Basel III capital framework.

Credit Risk

New Debtor Protection Act Takes Effect in South Korea

By Manesh Samtani | 21/10/2024

The new law requires lenders to provide debt workout services to debtors before initiating debt collection, debt transfers or court proceedings.

Operational Risk

Shinhan Investment Corp Under Probe for “Unusual” Futures Losses

By Editors | 19/10/2024

Shinhan Investment Corp experienced a KRW 13 billion in futures trading losses while it was acting as a liquidity provider for ETFs.

Emerging Prudential Risks

China NFRA Issues Clarifications on Regulations for NBFIs

By Editors | 19/10/2024

The NFRA clarifies that certain NBFIs do not have to comply with the same rules as banks due to their tendency to have fewer shareholders and concentrated shareholdings.