Prudential Risk

Trading & Investment

Japan: More Investors Sue MUFG Unit Over Credit Suisse AT1 Losses

By Editors | 01/07/2024

The lawsuit brings the number of plaintiffs in similar cases against Mitsubishi UFJ Morgan Stanley Securities to over 100.

Emerging Prudential Risks

RBI Cautions Against Tech-led Disruptions in Financial Systems

By Ajoy K Das | 01/07/2024

Cyber hazards, climate change and global spillovers offer challenges to financial stability, said the RBI governor.

Resolution & Recovery

ISDA Launches Framework On Termination of Derivatives Contracts

By Nithya Subramanian | 28/06/2024

The ISDA Close-out Framework serves as a preparatory resource, enabling firms to coordinate internal business functions, stakeholders and other service providers.

Payments & Settlements

RBI Revises Framework for Currency Swap With SAARC Countries

By Ajoy K Das | 28/06/2024

The new window under this framework offers concessions to support swap in Indian rupees. The total corpus for this support amounts to USD 3 billion.

Credit Risk

HKMA, IA Identify Issues With Premium Financing Practices

By Editors | 27/06/2024

A joint inspection exercise was conducted to assess compliance with new standards for premium financing that were implemented on 1 January 2023

Credit Risk

RBNZ Implements ‘Dual Reporting’ Requirement for IRB Banks

By Manesh Samtani | 27/06/2024

Dual reporting requires banks that use internal models to calculate credit risk capital to also disclose calculations using the ‘standardised approach’.

Credit Risk

Korea Defers Next Two Phases of “Stressed DSR” Rules

By Sanday Chongo Kabange | 27/06/2024

The FSC said the second phase of the “stressed DSR” rules will be implemented from 1 September, two months later than originally planned.

Capital Adequacy

CFTC Approves Four Comparability Determinations for Foreign Jurisdictions

By Editors | 26/06/2024

Certain swap dealers in Japan, Mexico, the EU, and UK can satisfy certain US capital and financial reporting requirements by complying with home country rules.

Capital Adequacy

US Fed Proposes Changes to Bank Capital Reform Plan

By Manesh Samtani | 26/06/2024

The Fed proposed changes to the FDIC and OCC that would significantly lessen the capital increase required of banks under the reform plan.