Prudential Risk

Operational Risk

BNM Penalises Maybank, CIMB for Multiple Service Disruptions

By Jaya Prakash Balakrishnan | 15/08/2024

BNM said that CIMB and Maybank’s inability to promptly recover from system disruptions severely impacted customers and counterparties.

Liquidity Risk

Bangladesh Banking Sector Facing Elevated Risks: S&P Global Ratings

By Manesh Samtani | 14/08/2024

S&P Global Ratings says ongoing reforms could be delayed, liquidity will remain tight, and asset quality vulnerabilities will pressure banks.

Trading & Investment

Foreign Firms in China Struggle to Meet Demand for Overseas Assets

By Manesh Samtani | 14/08/2024

The high demand is reportedly causing foreign firms in China to ration their QDII quotas. Meanwhile, the QDLP programme is under fresh scrutiny from regulators.

Liquidity Risk

RBI Tightens Norms for HFCs to Align with NBFCs

By Ajoy K Das | 14/08/2024

The regulatory changes, effective January 2025, cover requirements on liquid assets and handling of public deposits, among other areas.

Market Risk

HKMA Issues Supplementary Guidance on Market Risk, CVA Risk

By Sanday Chongo Kabange | 14/08/2024

The guidance clarifies that funding swaps should typically be assigned to the trading book unless designated as hedging instruments under hedge accounting.

Market Risk

HKMA Proposes Revisions to Guidance on Fair Value Practices

By Manesh Samtani | 14/08/2024

The HKMA said the guidance is “especially important for positions without quoted prices in active markets or observable inputs to valuation, as well as less liquid positions.”

Credit Risk

OJK Indonesia Adds New Entity Types to Credit Score Database

By Nithya Subramanian | 13/08/2024

The OJK said debtor-related information will become more comprehensive with the inclusion of insurers, guarantee companies and P2P lenders.

Market Risk

PBOC to Increase Bond Trading in Open Market Operations

By Manesh Samtani | 13/08/2024

The PBOC and CSRC are trying to deter regulated firms from investing in long-dated treasury bonds to cool a bond market rally and put a floor under yields.

AI Risk & Governance

Taiwan FSC Urges Banks to Embrace Fintech in Lending Practices

By Nithya Subramanian | 13/08/2024

The FSC encourages banks to test the use of big data analytics and financial assessment models to replace income documentation for unsecured credit loans.