Prudential Risk

Resolution & Recovery

Bank of China to Issue First Non-Capital TLAC Bonds

By Editors | 31/01/2024

Bank of China is the first Chinese D-SIB to disclose its intention to issue non-capital TLAC bonds ahead of a 2025 deadline to meet new capital rules.

Emerging Prudential Risks

APRA Finalises Updates to EFS Reporting Standards

By Mark Johnston | 31/01/2024

The revised standards apply to reporting periods ending on or after 30 June. The updated Priority Listing for Data Items apply to reporting periods ending after 31 October.

Credit Risk

China’s New Super Regulator Bares Teeth Against Ballooning Credit Risk

By Blake Evans-Pritchard | 31/01/2024

NFRA will have to strike a balance between promoting growth and safeguarding markets. This is a dangerous path to tread.

Resolution & Recovery

UK PRA Fines HSBC Over Deposit Protection Rule Breaches

By Editors | 31/01/2024

HSBC incorrectly marked eligible accounts as “ineligible” for depositor protection. The fine is the second highest ever imposed by the PRA.

Market Risk

FRTB in APAC: Challenges, Solutions, and Strategic Implementation 

By Yingqi Zhu | 30/01/2024

Despite its challenges, FRTB presents an opportunity for banks to modernise and for the industry to enhance stability and sophistication, says Yingqi Zhu.

Credit Risk

China Bad Debt Managers Reported to be Merging Into CIC

By Editors | 30/01/2024

State media Xinhua published and then deleted a report saying Cinda, Orient and Great Wall would merge into CIC.

Credit Risk

Taiwan FSC Opens Applications for Banks Seeking to Use IRB Approach

By Manesh Samtani | 29/01/2024

The FSC published application documents and explanatory materials to aid banks in making their applications. The first batch of applications are due on 30 June 2024.

Resolution & Recovery

Hong Kong High Court Orders Evergrande to Liquidate

By Editors | 29/01/2024

In the ruling, the court noted that Evergrande has not been able to bring forward a concrete restructuring proposal after more than 18 months.

Liquidity Risk

BOK Allows Non-banks to Participate in Open Market Operations

By Editors | 29/01/2024

Asset management firms, mutual savings banks and credit unions will be eligible to participate in MSB auctions and repo transactions with the central bank.