Prudential Risk

Conduct, Culture & Accountability

Chinese Firms Claw Back Executive Bonuses Paid in Hong Kong

By Editors | 17/07/2024

Hong Kong-based executives and former employees of some state-owned FIs have been asked in recent months to pay back part of their past bonuses.

Market Risk

BCBS Finalises Targeted Adjustments to IRRBB Standard

By Editors | 17/07/2024

The BCBS adjusted the specified interest rate shocks in the IRRBB standard and the methodology used to calculate the shocks.

Operational Risk

APRA Orders Superannuation Trustee to Address Data Issues

By Sanday Chongo Kabange | 17/07/2024

APRA requires Fiducian Portfolio Services to fix issues related to the accuracy and completeness of data submitted for the superannuation performance test.

Climate Risk

IAIS Launched Final Public Consultation on Climate Risk

By Editors | 16/07/2024

The fourth and final consultation includes proposed new supporting material to better reflect climate-related risk as part of effective supervisory practice.

Conduct, Culture & Accountability

China Issues New Marketing Guidelines for Online Loans

By Editors | 16/07/2024

NIFA calls on FIs and third-party internet platforms to standardise their online loan marketing activities and abide by 19 measures set out in the guidelines.

Credit Risk

FSS Korea Launches Bank Inspections to Assess Lending

By Editors | 16/07/2024

The FSS will assess whether banks are managing loans appropriately and complying with the DSR limits and other regulations.

Emerging Prudential Risks

China’s Liaoning Province Merging 36 Banks Into One Institution

By Manesh Samtani | 15/07/2024

Liaoning Rural Commercial Bank is absorbing 25 rural commercial banks and 11 village banks as part of a central government plan to reform the rural credit system in China.

Credit Risk

Japan FSA Establishes Specialist Team at Kirayaka Bank

By Editors | 14/07/2024

The specialist team will provide advice to the troubled bank on management restructuring and improving its loan screening system.

Resolution & Recovery

Korea Approves Resolution Plans, Announces D-SIBs List

By Manesh Samtani | 14/07/2024

The FSC said future resolution plans need to include measures to address possible IT service interruptions and bank runs.