Prudential Risk

PEPs & Sanctions

Biden Administration Supports Confiscation of Russian Assets – Report

By Editors | 12/01/2024

There have been concerns that the seizure of Russian assets could taint the reputation of the US financial system and spark a flight from the dollar.

Conduct, Culture & Accountability

IIA Releases New Global Internal Audit Standards

By Editors | 10/01/2024

The Standards will help elevate the quality of internal auditing and enhance the internal audit function’s role as a partner to boards and senior management.

Credit Risk

Korea Expands Loan Switching Platform to Mortgage, Jeonse Loans

By Editors | 10/01/2024

The online loan transfer system was established last year to enable borrowers to easily switch credit loans to those offering better rates.

Market Data & Technology

BSP Proceeds With Soft Launch of New ITRS System

By Editors | 09/01/2024

The soft launch of the new International Transaction Reporting System commenced as planned on 8 January. Full implementation is deferred from April to June.

Capital Adequacy

China Proposes Revised Rules for Financial Leasing Sector

By Editors | 09/01/2024

The NFRA added a new financial leverage indicator and new liquidity supervision indicators for financial leasing company evaluations.

Credit Risk

New Guidelines to Boost China’s Rental Housing Market

By Nithya Subramanian | 09/01/2024

Along with more credit support, commercial banks are being encouraged to issue financial bonds for housing leasing, said a joint statement by PBOC and NFRA.

DeFi & Web3

CFTC Offers Policy Recommendations to Address DeFi Risks

By Manesh Samtani | 09/01/2024

The report calls on the government and industry to work together to better understand DeFi and “advance its responsible and compliant development”.

Credit Risk

Indonesia’s OJK Lowers Interest Rate Cap for Online Lenders

By Mark Johnston | 09/01/2024

The new regulations tighten th caps on interest rates and late fees while also lowering borrowing limits imposed on debtors.

Market Risk

New Margin Models Offer Improved Efficiency: FIA Analysis

By Ranamita Chakraborty | 09/01/2024

While offering capital efficiency benefits, VaR models pose challenges for CCPs due to their increased complexity and reduced transparency.