Prudential Risk

Capital Adequacy

Fed Official Calls for Banking Reforms to be “Targeted” and “Thoughtful”

By Mark Johnston | 12/05/2023

Michelle Bowman urges targeted and evidence-based reforms to address the root causes of the recent spate of bank failures.

Liquidity Risk

US Super-Regional Banks Bore the Brunt of SVB Failure: NY Fed

By Mark Johnston | 12/05/2023

Deposit withdrawals after SVB’s failure were limited to around 30 super-regional banks, according to a new study by the NY Fed.

Climate Risk

US Fed Governor Questions Need for Special Focus on Climate Risk

By Mark Johnston | 12/05/2023

Climate change is real, but not a serious risk to financial stability, Fed Governor Waller said in a speech in Madrid.

Trading & Investment

HKEX May Allow Market to Remain Open During Typhoons

By Editors | 12/05/2023

A working group from HKEX and the HKMA is reportedly drafting a plan to allow trading to continue as normal during typhoons and rainstorms.

Emerging Prudential Risks

FSB Assessing Role of Social Media in Bank Failures

By Sanday Chongo Kabange | 11/05/2023

Head of financial stability analysis Costas Stephanou said the FSB plans to issue a detailed report on its findings later in 2023 or next year.

Resolution & Recovery

MAS Considers Possible Changes to Deposit Insurance Scheme

By Sanday Chongo Kabange | 10/05/2023

MAS will issue a consultation by the end of June on proposals to ensure Singapore’s deposit insurance scheme remains fit for purpose.

Capital Adequacy

HKMA Specifies Regulatory Treatment of Swap Connect Margins

By Editors | 10/05/2023

Margins posted by banks to OTC Clear for participating in Swap Connect should be treated in the same manner as default fund contributions.

Liquidity Risk

G7 Ministers to Discuss Measures to Prevent Bank Runs

By Editors | 09/05/2023

The G7 ministers intend to outline plans to prevent the kind of bank runs that led to the collapse of Silicon Valley Bank.

Structural Regulation

FSC Korea to Lower Regulatory Burden for Firms Seeking M&A

By Sanday Chongo Kabange | 09/05/2023

The FSC will ease requirements on potential buyers to prove their financial capacity and set up facilities to help finance M&A activity.