Prudential Risk

Credit Risk

HK Banks Stop Offering Mortgage Loans for Speculation

By Editors | 07/03/2024

Many banks have stopped providing mortgages for confirmor transactions, due to signs that speculative interest is reemerging in the property market.

Supervision & Enforcement

RBI Imposes Business Restrictions on IIFL Finance Limited

By Ajoy K Das | 07/03/2024

IIFL Finance provided customers gold loans in excess of the statutory LTV limit, among several other supervisory concerns.

Credit Risk

RBNZ Considers Ways to Build Climate Risk into Credit Risk Weights

By Sanday Chongo Kabange | 07/03/2024

When considering any future changes to the approach to setting risk weights, the RBNZ will ensure they are data-driven and explicitly linked to financial risk.

Structural Regulation

CSRC Promises Stricter Regulation, Supervision of Capital Market

By Manesh Samtani | 07/03/2024

Chairman Wu Qing said the CSRC would “act decisively” in the stock market, improve its rules framework, and strengthen investor protection.

Capital Adequacy

Basel III Monitoring Shows Bank Capital Ratios “Largely Stable”

By Manesh Samtani | 07/03/2024

Capital shortfalls under the final Basel III standards increased slightly for large internationally active banks, which saw record profits.

Anti-Money Laundering

BSP to Enhance Reporting Rules for Money Services Businesses

By Editors | 06/03/2024

MSBs would also need to notify the BSP within five days of any event which may have a significant negative impact on their business or reputation.

Supervision & Enforcement

RBI Imposes Restrictions on Systemically Important NBFC

By Ajoy K Das | 06/03/2024

The RBI said JM Financial Products “repeatedly” helped customers bid for IPO and NCD offerings using loaned funds, in violation of the regulations.

Trading & Investment

China: Major Insurers Ready to Invest in Stock Market

By Editors | 06/03/2024

China Life Insurance and New China Life Insurance have finished setting up a new fund that will be used to invest in and support the stock market.

Climate Risk

BNM Sets Expectations on Climate Risk Stress Testing

By Manesh Samtani | 05/03/2024

Capital add-ons may be used to address inadequate progress towards strengthening resilience to climate-related risks.