Prudential Risk

Liquidity Risk

PBOC Urges Banks to Lower Deposit Interest Rates

By Editors | 26/04/2023

The guidance is aimed at directing savings into consumption and productive investments. PBOC official said deposit rate adjustments are a normal market phenomenon.

Liquidity Risk

First Republic Bank Assesses Options to Regain Strength

By Editors | 25/04/2023

Earlier this week, the bank revealed that it witnessed $100bn in deposit outflows in Q1 this year, representing 58 percent of total deposits.

Cryptocurrency

Lawmakers to Grant BOK Powers to Obtain Data from Crypto Firms

By Editors | 25/04/2023

Bank of Korea has expressed concerns that financial stability risks could be transmitted from the crypto market to traditional finance.

Capital Adequacy

RBNZ Sets Risk Weight for BGF Investments at 250pc

By Editors | 24/04/2023

A 250% risk weight will be introduced for bank investments in the Business Growth Fund, a new fund being introduced to improve SME access to finance.

Capital Adequacy

US Fed Considers Closing ‘Loophole’ for Midsize Banks

By Editors | 24/04/2023

The Fed is considering removing an exemption that allows midsize banks to avoid disclosing and holding capital against unrealised losses on “available for sale” securities.

Emerging Prudential Risks

US Regulators Propose Stricter Approach to Supervising Non-banks

By Editors | 24/04/2023

The proposals will make it easier to designate investment managers, insurers and other nonbank financial groups as systemically important.

Credit Risk

ING Files Suit Against ICBC Over Losses on Copper Deals

By Editors | 24/04/2023

ICBC allegedly released export documents for copper deals without collecting payment, resulting in $170m in losses to ING, which was financing those deals.

Climate Risk

HKMA Enhances Climate Risk Stress Testing Framework

By Manesh Samtani | 24/04/2023

Key enhancements include the introduction of a new five-year scenario, additional assessment requirements, and more detailed reporting requirements.

Resolution & Recovery

Credit Suisse AT1 Bondholders File Suit Against FINMA

By Editors | 22/04/2023

Investors representing over $5bn of Credit Suisse AT1 bonds are seeking redress for the losses they suffered during the takeover by UBS.