Prudential Risk

Emerging Prudential Risks

China Considers Using Government Bond Issuance to Buy Homes

By Manesh Samtani | 22/08/2024

China is exploring a new approach to tackle its property crisis by allowing local governments to issue bonds to purchase unsold homes.

Resolution & Recovery

RBNZ Consults Additional Standards for New DTA Regime

By Sanday Chongo Kabange | 21/08/2024

RBNZ is consulting on standards covering areas such as governance, lending, risk management and operational resilience.

Credit Risk

Singapore Adopts New Measures to Cool Property Market

By Ranamita Chakraborty | 21/08/2024

The Singapore government has reduced the LTV limit for HDB loans and increased housing grants for first-time home buyers.

Supervision & Enforcement

BSP Amends Rules for Banks on Equity Divestments

By Sanday Chongo Kabange | 21/08/2024

The amended rules clarify expectations for banks to divest equity investments that are prohibited under applicable laws and regulations.

Market Risk

Korea’s FSS Warns Bond Investors of Interest Rate Risks

By Nithya Subramanian | 21/08/2024

The FSS warned investors that interest rate fluctuations, bond maturity and changes in the issuer’s credit status could result in losses.

Capital Adequacy

HKMA Consults on Revisions to Based III SPM Module

By Editors | 20/08/2024

The revisions take into account changes to the capital standards that were gazetted in December 2023 as part of the implementation of the Basel III final package.

Structural Regulation

Japan to Require Foreign Investment Reviews for More Industries

By Editors | 20/08/2024

Foreign investment in companies that produce machinery, equipment, parts, and materials used in semiconductor manufacturing will be subject to review.

Resolution & Recovery

China, US Exchange Letters of Cooperation on Financial Stability

By Editors | 20/08/2024

PBOC and US Treasury officials agreed to strengthen information sharing and coordinate in times of financial stress and operational resilience issues.

Credit Risk

HKMA to Create Taskforce to Handle Loan-related Complaints

By Sanday Chongo Kabange | 20/08/2024

The task force will handle complaints from SMEs that are being asked to repay their loans earlier than the agreed time.