Prudential Risk

Market Risk

ECB Scrutinising Bond Losses at European Banks

By Editors | 30/04/2023

The ECB is asking banks about their practices for hedging interest rate risk, including to assess whether risks have been shifted to nonbanks.

Cryptocurrency

SFC Chief Julia Leung Offers View Into 2023 Priorities

By Manesh Samtani | 29/04/2023

Julia Leung said the SFC will issue the new virtual assets rules in May, and that it developing a free carbon emissions calculator tool to help SMEs in climate-related reporting.

Trading & Investment

Firms Must Continue to Act to Ensure Orderly LIBOR Transition: FSB

By Editors | 28/04/2023

A “pile-up” towards end-June 2023 that could introduce operational risks and wider market disruption, the FSB said.

Resolution & Recovery

Standoff Could Push First Republic Bank into Receivership

By Manesh Samtani | 27/04/2023

Large banks are seeking government support to help First Republic Bank, but the government is currently unwilling to intervene.

Liquidity Risk

Credit Suisse Reveals Scale of Outflows Pre-UBS Deal

By Manesh Samtani | 27/04/2023

UBS is expected to record up to $57bn in profits in Q2 as a result of the deal, the largest ever banking profit recorded.

Credit Risk

RBNZ Proposes to Ease Mortgage Lending Restrictions

By Sanday Chongo Kabange | 27/04/2023

The RBNZ proposes to ease the existing LVR restrictions by 1 June as it now sees reduced risks to financial stability.

Credit Risk

HK to Guarantee Loans to Travel, Transport Industries

By Editors | 27/04/2023

New scheme will provide guarantees on loans to cross-boundary passenger transport operators and licensed travel agents.

Capital Adequacy

South Korea to Participate in Global Bank Stress Test

By Editors | 27/04/2023

South Korea is not required to join the test as none of its banks are classified as G-SIBs, but it is nonetheless joining in order to better monitor global contagion risks.

Resolution & Recovery

Singapore Retail Investors Underrepresented in Bond Restructuring

By Manesh Samtani | 26/04/2023

The Law Reform Committee of the Singapore Academy of Law proposes reforms to improve Singapore’s framework for bond restructuring.