Prudential Risk

Resolution & Recovery

EU to Cooperate with Australia & NZ on Bank Resolution Planning

By Editors | 28/03/2023

The cooperation arrangements focus on bank resolution planning and its implementation for banks with cross-border operations.

Climate Risk

Bank Exposures to Flood Risk Likely Compounded by Other Risks: RBNZ

By Editors | 27/03/2023

Bank capital ratios are resilient when each flood event is considered in isolation, but flood risk could potentially compound with other risks.

Resolution & Recovery

First Citizens Bank to Takeover SVB Deposits and Loans

By Manesh Samtani | 27/03/2023

The FDIC and First Citizens Bank & Trust Co will share the losses and potential recoveries on commercial loans made by SVB.

Liquidity Risk

US Lender PacWest Facing Lawsuit Despite Securing Lifeline

By Editors | 27/03/2023

Regional bank PacWest secured $1.4bn in additional liquidity via Atlas SP Partners, an investment firm launched out of Credit Suisse’s securitised-products group.

Resolution & Recovery

Industry Welcomes Regulator Commitments to Prioritise Bondholders

By Manesh Samtani | 24/03/2023

Regulators respond to Swiss decision to wipe out Credit Suisse bondholders by pledging to respect the bank rescue hierarchy in a crisis.

Capital Adequacy

BCBS to Assess Financial Stability Risks of Higher Interest Rates

By Editors | 23/03/2023

The BCBS will also consult on revisions to its Core principles for effective banking supervision and on a Pillar 3 disclosure framework for climate-related financial risks.

Clearing & Post-Trade

No Active Negotiations to Resolve India CCP Issue: ESMA

By Editors | 23/03/2023

EU banks will face a 1,250% risk weight on exposures to Indian CCPs after April. French and German regulators have given their banks 18 extra months to terminate Indian CCP memberships.

Liquidity Risk

Yellen Not Considering ‘Blanket Insurance’ for US Bank Deposits

By Editors | 23/03/2023

Regulators are reviewing banking risks on a case-by-case basis. The FDIC would only step in to protect all depositors if there are systemic or contagion risks.

Emerging Prudential Risks

APRA Directs Banks to Declare Links to Crypto Firms

By Sanday Chongo Kabange | 23/03/2023

APRA has asked banks to declare and report their business ties to crypto firms and start-ups, which worry increased supervision will make it harder to access financial services.