Prudential Risk

Capital Adequacy

BCBS Proposes Targeted Amendments to Cryptoasset Standard

By Manesh Samtani | 15/12/2023

The BCBS proposes to update the requirements relating to banks’ exposures to stablecoins, and other technical amendments.

Trading & Investment

IOSCO Proposes Good Practices for Handling Market Outages

By Editors | 14/12/2023

IOSCO’s new consultation report identifies five good practices for trading venues to consider for improving market-wide resilience during an outage.

Emerging Prudential Risks

RBNZ Returns to Single Mandate, Renewing Focus on Inflation

By Editors | 14/12/2023

The RBNZ was tasked with a dual mandate in 2018, targeting both low inflation and full employment. “This change was a mistake,” said Finance Minister Nicola Willis.

Capital Adequacy

UK Releases Policy Statement on Basel III Implementation

By Editors | 13/12/2023

The statement covers the standards for market risk, CVA risk, counterparty credit risk, and operational risk. A second release in Q2 2024 will cover the remaining elements.

Cybersecurity

Taiwan Consults US Experts to Protect Banks from Cyberattacks

By Nithya Subramanian | 13/12/2023

Though 55 percent of APAC’s malicious cyberthreats targeted Taiwan this year, it has “near-zero capability” to defend itself.

Market Risk

BCBS Consults on Targeted Adjustments to IRRBB Standard

By Editors | 13/12/2023

The BCBS proposes adjustments to the calibration of the interest rate shocks in the IRRBB standard and the methodology used to calculate the shocks.

Market Risk

APRA Advances Proposals on Interest Rate Risk Management

By Sanday Chongo Kabange | 13/12/2023

APRA updated its revisions to APS 117 based on consultative feedback and is now consulting on changes that are relevant to smaller banks.

Emerging Prudential Risks

BIS Paper Offers Guidance on Housing-related Financial Stability Risks

By Editors | 12/12/2023

The report outlines lessons from 14 jurisdictions on the use of macroprudential policies to mitigate financial stability risks associated with the housing market.

Credit Risk

US Regulator Issues New Guidance on BNPL Lending

By Mark Johnston | 12/12/2023

The OCC sets out risk management principles and compliance expectations for banks that offer BNPL loans to consumers.