Prudential Risk

Operational Risk

APRA Amends Audit Framework for Superannuation

By Sanday Chongo Kabange | 19/06/2024

The changes reflect legislative reforms in relation to the financial reporting and audit requirements for superannuation.

Payments & Settlements

Singapore, Cambodia Launch Financial Transparency Corridor

By Editors | 19/06/2024

The initiative will enable better credit risk assessments by participating FIs in both countries and improve access to financing for SME trade.

Capital Adequacy

FSC Korea Approves Rule Change for Financial Conglomerates

By Editors | 18/06/2024

The amendment increases focus on internal control and risk management in financial conglomerate risk assessments.

Credit Risk

UBS to Repay Investors for Credit Suisse’s Greensill Losses

By Editors | 18/06/2024

UBS is offering to repay investors who lost money in Credit Suisse funds as a result of Greensill Capital’s bankruptcy in 2021.

Credit Risk

HKMA Tweaks Rules to Address Homebuyer Hardship

By Editors | 18/06/2024

The adjustments aim to address depressed valuations, simplify borrowing capacity calculations, and reduce rental income haircuts.

Liquidity Risk

How Asian Regulators Have Been Reflecting on 2023 Bank Failures

By Blake Evans-Pritchard | 18/06/2024

Asian regulators have been looking at whether the kinds of bank failures that occurred last year could also take place in their home markets.

Credit Risk

China Starts Implementing Plans to Address Property Supply Glut

By Editors | 17/06/2024

The PBOC is providing a re-lending facility to support loans to SOEs to buy and convert unsold homes into affordable housing.

Credit Risk

BNM Issues Framework on Standardised Approach to Credit Risk

By Editors | 17/06/2024

The framework will come into effect on 1 July 2026, one year later than initially proposed in January 2023.

Liquidity Risk

Taiwan Central Bank Raises RRR to Cool Property Market

By Editors | 14/06/2024

The RRR increase came alongside a new round of real estate control measures which lowered the maximum LTV ratio for second homes in designated areas.