Prudential Risk

Liquidity Risk

RBI Raises Limit for Non-callable Term Deposits

By Editors | 30/10/2023

All term deposits below the new INR 10 million threshold will have to mandatorily offer a withdrawal option to depositors.

Credit Risk

APRA Adopts Changes to Credit Risk Reporting Standard

By Editors | 30/10/2023

The reporting standard for counterparty credit risk is being amended so it only applies to significant financial institutions.

Operational Risk

Japan FSA Directs Banks to Further Improve Internal Audit Function

By Editors | 29/10/2023

The sophistication of internal audits differs across banks, largely due to the degree of involvement by management, the FSA says.

Credit Risk

Country Garden Declared in Default on Offshore Bonds

By Editors | 28/10/2023

Country Garden is expected to move towards a restructuring that is expected to have a worse impact than Evergrande’s 2021 failure.

Emerging Prudential Risks

China Unveils Plans to Tackle Local Govt Debt Risks

By Editors | 27/10/2023

China will issue CNY 1 trillion of government bonds and allow local governments to front load part of their 2024 bond quotas.

Operational Risk

RBI Releases Draft Master Directions on Managing Outsourcing Risks

By Ajoy K Das | 27/10/2023

The draft makes clear that regulated entities may not outsource core management functions, such as decision-making functions like loan approvals.

Capital Adequacy

China Finalises New Capital Management Rules for Banks

By Editors | 27/10/2023

The new rules revise how risk weights are measured, enhance supervision of the banking sector and improve information disclosure requirements.

Liquidity Risk

Regulatory Responses to This Year’s Bank Failures

By Sebastian Sohn | 26/10/2023

Sebastian Sohn discusses the lessons learned from bank failures this year and the supervisory and regulatory changes we can expect as a result.

Conduct, Culture & Accountability

UK Regulators Announce Removal of Banker Bonus Cap

By Editors | 25/10/2023

The BOE and FCA have scrapped rules for banks, building societies, and investment firms which cap bonuses at twice annual salary.