Prudential Risk

Climate Risk

BSP Completes Self-Assessment Against Climate Risk

By Sanday Chongo Kabange | 22/04/2024

The assessment generated  recommendations including for BSP to enhance its emergency response systems and business continuity strategies.

Data Privacy

HKAB Sets Launch Date for New Credit Reference Platform

By Sanday Chongo Kabange | 19/04/2024

The new credit reference platform, known as ‘Credit Data Smart’, will start service on 26 April. Three CRAs are contributing data.

AI Risk & Governance

ISDA Offers Guidance on Using GenAI in Derivatives Markets

By Manesh Samtani | 19/04/2024

The report identifies use cases for GenAI in the OTC derivatives market, and explores regulatory issues, challenges and risks.

Resolution & Recovery

India Working on New Corporate Insolvency Frameworks

By Ajoy K Das | 18/04/2024

Frameworks for cross-border and group insolvencies are expected to come into effect after India’s national elections are over in June.

Credit Risk

Shanghai Launches Loan Guarantee Programme for Tech Firms

By Editors | 18/04/2024

CNY 2 trillion in funding, supported by credit guarantees, will be provided to innovative technology companies in Shanghai for three years.

Capital Adequacy

Korea FSS Directs Ten Savings Banks to Increase Capital

By Editors | 18/04/2024

Some 15 savings banks in Korea failed to meet their minimum capital adequacy ratios in Q1, compared to just one at the end of 2023.

PEPs & Sanctions

Japan, Korea, US Finance Ministers Hold First Trilateral Meeting

By Editors | 18/04/2024

The ministers agreed to “consult closely” on FX markets and to cooperate on financial stability and the use of sanctions.

Emerging Prudential Risks

India to Establish Panel of Regulators to Assess Derivatives Risks

By Ajoy K Das | 17/04/2024

The panel will be set up to assess potential systemic risks emerging from a surge in derivatives trading in India.

Liquidity Risk

FSB Consults on Non-bank Margin and Collateral Calls

By Editors | 17/04/2024

FSB recommendations seek to reduce procyclical behaviour of non-bank market participants in response to margin and collateral calls.