Prudential Risk

Capital Adequacy

US Fed Proposes Stricter Capital Rules for Major Banks

By Manesh Samtani | 11/07/2023

Michael Barr said the proposed changes would not be fully effective for “some years” because of the rulemaking process and the transition period provided.

Capital Adequacy

RBNZ Consults on New Capital Instrument for Mutual Banks

By Sanday Chongo Kabange | 11/07/2023

Mutual banks will be allowed to issue a new MET1 capital instrument, providing them more capital raising flexibility.

Credit Risk

Korean Authorities Work to Ease Concerns After Bank Run

By Manesh Samtani | 10/07/2023

The FSC established a crisis response team late last week in response to a bank run at a major credit cooperative.

CBDCs

BIS Issues Security and Resilience Framework for CBDC Systems

By Manesh Samtani | 10/07/2023

The framework offers a seven step model to guide central banks in designing, implementing and operating secure and resilient CBDC systems.

Supervision & Enforcement

China Marks End of Tech Crackdown With Ant Group Penalty

By Editors | 10/07/2023

Ant Group was fined CNY 7.1 billion. The PBOC and CSRC said they would shift focus to more “normalised supervision”.

Emerging Prudential Risks

HKMA Relaxes Limits on Property Mortgage Loans

By Editors | 09/07/2023

This is the first time the HKMA has relaxed the countercyclical macroprudential measures for residential properties since they were implemented in 2009.

Credit Risk

RBI Extends Deadline for Co-op Banks to Meet PSL Targets

By Editors | 09/07/2023

“This action is taken in response to the implementational challenges experienced by these financial institutions,” the RBI said.

Resolution & Recovery

FSB to Conduct “In-depth” Review of G-SIB Resolution Framework

By Manesh Samtani | 07/07/2023

FSB members also approved the high-level recommendations for crypto-assets and stablecoins, which will be submitted to the G20 for endorsement this month.

Capital Adequacy

Hong Kong: New Regime for Insurers to Commence in 2024

By Sanday Chongo Kabange | 06/07/2023

Capital requirements for insurers will be more sensitive to their asset and liability matching, risk profile and mix of products.