Prudential Risk

Capital Adequacy

APRA Proposes Changes to Quarterly ADI Performance Publication

By Editors | 10/03/2023

The proposed changes are meant to align the QADIP publication with the new capital framework and ensure consistency with the ADICP.

Resolution & Recovery

Crypto Focused Bank Silvergate to Enter Into Liquidation

By Editors | 09/03/2023

Silvergate has served as one of the main banks for crypto companies. The wind down and liquidation plan includes full repayment of all deposits.

Cybersecurity

FIA to Form New Global Taskforce in Response to ION Outage

By Manesh Samtani | 08/03/2023

The taskforce will assess existing cyber protections, response protocols, and safeguards around third-party service providers.

Credit Risk

CBIRC Amends Policy on Joint Lending by Banking Institutions

By Editors | 08/03/2023

The move is aimed at stopping companies from using multiple banks to obtain “excessive financing”, and helping banks to strengthen credit management and risk controls.

Conduct, Culture & Accountability

BIS Paper Takes Stock of Individual Accountability Regimes

By Manesh Samtani | 08/03/2023

The paper introduces the concept of the “accountability stack”, which presents a broad range of regulatory instruments and supervisory tools that target individual accountability.

Market Abuse

Chinese Stock Exchanges Probe Large Covid-related Writedowns – Report

By Editors | 06/03/2023

The Shanghai and Shenzhen stock exchanges have queried companies over why they wrote down the value of assets last year.

Cryptocurrency

Crypto Focused Bank Silvergate Edges Towards Closure

By Manesh Samtani | 06/03/2023

Silvergate warned that it was evaluating its ability to operate as a going concern, prompting client departures and the discontinuation of its crypto payments network.

Emerging Prudential Risks

Covid Asset Purchases by Central Banks Were “Broadly Successful”

By Mark Johnston | 04/03/2023

A new CGFS report finds that the asset purchases were “broadly successful” in addressing disruptions in monetary policy transmission and providing additional stimulus to the economy.

Market Abuse

India Supreme Court Orders Probe into Adani Group

By Editors | 03/03/2023

A committee has been formed to examine the Hindenburg allegations against Adani Group and suggest measures to protect investors. A probe by SEBI was also ordered.