Prudential Risk

Credit Risk

RBI Proposes to Adopt ECL Approach for Loan Provisioning

By Manesh Samtani | 17/01/2023

Indian banks currently still use the incurred loss model, which the RBI says delays NPA identification, loan reclassification, and provisioning.

Payments & Settlements

SEBI Issues New Standards for Handling Stock Exchange Outages

By Sanday Chongo Kabange | 15/01/2023

Outages must be reported within 15 minutes. Updates must be provided every 45 minutes. Trading hours can be automatically extended for other exchanges.

Credit Risk

FIA Publishes Netting and Collateral Opinions for China

By Editors | 13/01/2023

China’s adoption of its new Futures and Derivatives Law in August 2022 made it possible for FIA to commission the opinions.

Structural Regulation

LME Blocked from Resuming Nickel Trade During Asia Hours

By Editors | 12/01/2023

The FCA thinks the LME does not have adequate supervisory controls for Asia market hours. The Oliver Wyman review has also been released.

Credit Risk

PBOC, CBIRC Call on Banks to Help Stabilise Property Sector

By Manesh Samtani | 12/01/2023

Officials asked banks to align their credit policies with stability objectives, including to help improve cash flows and balance sheets at “high-quality” real estate firms.

Capital Adequacy

CBIRC Calls Out Four Insurers for Reporting False Solvency Data

By Editors | 11/01/2023

AIA and PICC said the incorrect data in their solvency reports was due to an incorrect understanding of the rules as well as calculation errors.

Liquidity Risk

Crypto Bank Silvergate Reveals Details of Post-FTX Bank Run

By Manesh Samtani | 10/01/2023

The bank faced $8bn in withdrawals, forcing it to sell $5.2bn in debt securities at a $718mn loss. Its stock has fallen 95% since Nov 2021.

Credit Risk

CBIRC Drafts Revisions to Loan Management Rules for Banks

By Editors | 10/01/2023

Among other measures, the rules set requirements on the maximum term of different types of loans, to help banks guard against maturity mismatch risks.

Operational Risk

BaFin Orders Deutsche Börse Entities to Remedy Deficiencies

By Editors | 10/01/2023

Business organisation and risk management deficiencies were identified at Eurex Clearing, Clearstream Banking and Clearstream Holding.