Prudential Risk

Liquidity Risk

BOK Seeks to Promote Growth in Resident Foreign Currency Deposits

By Editors | 19/08/2024

Foreign currency deposits in Korea only accounted for 5.4% of total deposits at the end of last year, compared to around 20.1 in OECD countries.

Structural Regulation

Getting Your Ducks in a Row for APAC Rules Rewrites

By Priya Kundamal | 19/08/2024

DTCC’s Priya Kundamal discusses the lessons learned from markets that have implemented the first phase of changes to derivatives reporting rules.

Clearing & Post-Trade

Indonesia to Establish Money Market CCP by End of Year

By Editors | 19/08/2024

Bank Indonesia and eight banks will invest in and help develop the CCP, which will be housed under IDClear, the CCP for the country’s capital market.

PEPs & Sanctions

China Imposes New Export Controls on Strategic Minerals

By Editors | 18/08/2024

The export controls apply to antimony and related products as well as certain equipment and technologies used in materials science and engineering.

Credit Risk

FSC Korea Issues Guidelines on Protection of Debtors

By Editors | 17/08/2024

Financial companies have until 17 October to finalise internal standards to comply with new requirements under the Personal Debtor Protection Act.

Operational Risk

Japan FSA to Start Using AI for Monitoring Soundness of FIs

By Editors | 17/08/2024

The new system is being put in place to speed up the detection of issues in the financial system and help prevent financial crises and bank failures.

Resolution & Recovery

Chinese SOE Takes Control of Private Lender Jiangxi Yumin Bank

By Editors | 17/08/2024

The transaction marks the first time a state-owned company has taken control of a private lender in China.

Credit Risk

Thailand to Establish New National Credit Guarantee Agency

By Editors | 17/08/2024

The new agency will assess the credit risk of individual businesses and issue guarantee certificates which can be used to apply for loans from FIs.

Credit Risk

Australia Launches Inquiry to Improve Access to Home Loans

By Ranamita Chakraborty | 16/08/2024

Senator Andrew Bragg said the inquiry will examine bank lending practices and barriers that hinder access to finance for first home buyers.