Prudential Risk

Capital Adequacy

EU Adopts Final Basel III Rules, Confirms Jan 2025 Roll-Out

By Manesh Samtani | 31/05/2024

Earlier this week, an ECB official said Basel III should be delayed in the EU if the US is too slow to adopt its own reform plan.

Climate Risk

ECB Set to Impose First Fines Over Climate Risk – Report

By Editors | 31/05/2024

As many as four banks are said to be already accruing daily fines, though mitigating factors could be taken into account.

Supervision & Enforcement

RBI Imposes Restrictions on Two Edelweiss Group Firms

By Ajoy K Das | 31/05/2024

The Edelweiss companies were found to be acting in concert to “evergreen” stressed loans and circumvent regulations.

Credit Risk

Shanghai Announces Measures to Boost Property Market

By Editors | 29/05/2024

The measures include lower minimum down payment ratios and mortgage rates for first- and second-home buyers.

Credit Risk

RBNZ to Apply New Mortgage Lending Limits from 1 July

By Nithya Subramanian | 28/05/2024

The RBNZ said the new DTI and LVR restrictions act as guardrails to reduce the build-up of high-risk lending in the system.

Operational Risk

APRA Imposes Additional Licence Conditions on Mercer Super

By Sanday Chongo Kabange | 28/05/2024

APRA has imposed additional licence conditions on Mercer Super in response to risk management and compliance deficiencies.

Supervision & Enforcement

Australian Court Rules Payday Lenders Breached Credit Act

By Sanday Chongo Kabange | 27/05/2024

The court ruled that Cigno Australia, BSF Solutions, and their directors engaged in unlicensed credit activity.

Trading & Investment

FSB Considers Ways to Enhance Resilience of CP and CD Markets

By Editors | 22/05/2024

CP and CD markets feature limited secondary market activity due to the buy-and-hold nature of these instruments, the FSB says.

Payments & Settlements

HKMA Announces Refinements to USD Liquidity Facility

By Editors | 22/05/2024

The settlement date will be the same day as the tender date (T+0), instead of the business day after the tender date (T+1).