Prudential Risk

Credit Risk

China Directs Banks to Stop Issuing Guarantees for LGFV Bonds

By Editors | 14/03/2024

An estimated $445bn worth of public bonds issued by local government financing vehicles need to be repaid by the end of 2024.

Capital Adequacy

Regulation Seen as Key Challenge to Derivatives Industry in 2024

By Manesh Samtani | 13/03/2024

New FIA and Coalition Greenwich research identifies capital requirements as the single greatest issue facing derivatives market participants.

Model Risk

China: NAFMII Issues Guidelines for Interbank Bond Rating Agencies

By Manesh Samtani | 13/03/2024

The guidelines strengthen requirements for rating agencies to guard against conflicts of interest, improve their rating models, and enhance rating quality and accuracy.

Climate Risk

Australia Publishes First National Climate Risk Assessment

By Manesh Samtani | 12/03/2024

The priority risks identified are now undergoing a second, more detailed technical assessment, scheduled for completion by end 2024.

Resolution & Recovery

IADI Launches Review of Global Deposit Insurance Standards

By Editors | 12/03/2024

The review will apply the lessons from the 2023 banking turmoil, taking into account technology advancements and other emerging trends.

Credit Risk

Korea to Partially Refund Interest Paid by Small Merchant Borrowers

By Editors | 12/03/2024

Small merchants who borrowed from nonbank financial institutions with interest rates ranging from 5 to 7 percent can apply for partial refunds.

Resolution & Recovery

Bangladesh to Force At Least 10 Weak Banks into Mergers

By Ajoy K Das | 12/03/2024

Banks are asked to choose which banks they would prefer to merge with and make preparations accordingly.

Resolution & Recovery

RBNZ Issues Further Consultation on Deposit Protection Scheme

By Editors | 12/03/2024

The new Depositor Compensation Scheme will become operational in mid-2025, more than one year later than the initial plans.

Credit Risk

Chinese Regulators Ask Banks to Support Troubled China Vanke

By Manesh Samtani | 12/03/2024

Vanke has been one of the few remaining Chinese property developers rated investment-grade by international rating agencies, until now.