Prudential Risk

Supervision & Enforcement

Evergrande Chairman Suspected of “Illegal Crimes”

By Editors | 28/09/2023

Evergrande said its chairman Hui Ka Yan was placed under “residential surveillance” due to his suspected involvement in “illegal crimes”.

Capital Adequacy

APRA Consults on Updates to EFS Reporting Requirements

By Editors | 27/09/2023

The proposed changes seek to fix some inconsistencies and align the EFS requirements with the updated capital framework released in 2021.

Capital Adequacy

Capital Ratios Exceed Pre-Pandemic Levels for Largest Banks: BCBS

By Editors | 27/09/2023

Three unnamed internationally active banks reported that their LCR was below the minimum required level of 100 percent at end 2022.

Structural Regulation

China, EU Agree Measures to Ease Trade Tensions

By Editors | 27/09/2023

The two sides agreed to establish an export controls dialogue mechanism and to set up a new working group on financial regulation, among other measures.

Capital Adequacy

UK to Defer Basel III Implementation to July 2025

By Manesh Samtani | 26/09/2023

The BOE had planned to implement Basel III in January 2025 to align with the EU. It is now planning for implementation in July 2025, to align with the US.

Supervision & Enforcement

Evergrade Subsidiary Hengda Group Under Investigation

By Editors | 26/09/2023

Due to the investigation, Evergrande is now no longer qualified to issue new notes that were supposed to form part of its restructuring plan.

Capital Adequacy

PBOC, NFRA Publish 2023 List of D-SIBs With One Addition

By Manesh Samtani | 26/09/2023

Bank of Nanjing was added to the list, bringing the total number of domestic systemically important banks in China to 20.

Trading & Investment

CSRC Probes Hedge Funds, Brokers Over Quant Strategies – Report

By Sanday Chongo Kabange | 25/09/2023

The CSRC is seeking information on the trading strategies and short-selling activities of quant funds, and their impact on the stock market.

Emerging Prudential Risks

US, China Launch Economic and Financial Working Groups

By Mark Johnston | 25/09/2023

The working groups will address some contentious issues, as well as areas of potential cooperation, such as climate change, global health, and financial stability.