Prudential Risk

Clearing & Post-Trade

US Fed Updates OpRisk Rules for Major Clearing Organisations

By Editors | 10/03/2024

Designated clearing and settlement utilities are required to establish an incident management framework and advance their cyber resilience capabilities.

Liquidity Risk

AMFI Directs AMCs to Disclose Monthly Stress Test Results

By Ajoy K Das | 10/03/2024

The disclosures are intended to enhance transparency and provide investors with more insight into the risk profiles of small and mid-cap mutual fund schemes.

Emerging Prudential Risks

Malaysian State Firms Asked to Support Local Currency

By Editors | 09/03/2024

The government and central bank are encouraging GLCs and GLICs to repatriate and convert foreign investment income to ringgit.

Emerging Prudential Risks

FSS Korea Outlines Supervision and Inspection Workplan for 2024

By Editors | 09/03/2024

Supervision and inspections will assess the ability of financial firms to prevent real estate-related risks from spreading to the financial system, among other areas.

Emerging Prudential Risks

EMEs Can Improve Shock Resilience With Better Hedging Markets

By Manesh Samtani | 09/03/2024

The BIS finds that emerging markets with a more diverse investor base and better-developed hedging markets tend to have more resilient government bond markets.

Resolution & Recovery

Chinese D-SIBS May Not Need as Much TLAC After All

By Manesh Samtani | 08/03/2024

In a new report, S&P Global Ratings says the revised capital management rules for banks issued in November could reduce previously estimated TLAC shortfalls.

Emerging Prudential Risks

BCBS Proposes Revisions to Address ‘Window-Dressing’

By Manesh Samtani | 08/03/2024

The BCBS proposes to require banks to report and disclose most G-SIB indicators based on average values over the reporting year, rather than year-end values.

Capital Adequacy

Taiwan FSC to Allow Insurers to Issue Capital Bonds Overseas

By Editors | 07/03/2024

Cathay Life Insurance has already announced it will establish an SPV in Singapore to issue bonds, which would make it the first to take advantage of the revision.

Capital Adequacy

Australia: Islamic Bank Returns Restricted ADI Licence to APRA

By Sanday Chongo Kabange | 07/03/2024

Islamic Bank was going to be Australia’s first purely Islamic bank but decided to surrender its restricted ADI licence due to capital raising challenges.