Prudential Risk

Cybersecurity

Hong Kong’s Regulatory Landscape for Data and Technology Risk

By Albert Yuen | 09/01/2023

Albert Yuen and Jasmine Yung at Linklaters discuss Hong Kong’s regulatory approach to technology risk and data security.

Credit Risk

China Planning to Relax Borrowing Restrictions for Developers – Report

By Editors | 09/01/2023

Regulators are reportedly planning to ease borrowing caps on some property firms and extend the deadline for meeting debt targets set by the “three red lines” policy.

Credit Risk

Taiwan FSC to Propose New Regulations for BNPL Sector

By Editors | 08/01/2023

Lawmakers are concerned that the growth of the BNPL sector could lead to a crisis similar to the 2005/2006 credit card crisis in Taiwan.

Credit Risk

China to Probe Corporate Bonds to Prevent Defaults

By Editors | 07/01/2023

Corporate bonds found to have debt repayment risks will be listed as “key focus objects” and subject to additional supervision by a special risk response team.

Credit Risk

Indian Banks Can Withstand Even Severe Stress Conditions: RBI

By Editors | 07/01/2023

RBI stress tests for credit risk showed that commercial banks can meet minimum capital requirements even under severe stress situations.

Emerging Prudential Risks

CBIRC Proposes Updated Rules for Auto Finance Sector

By Editors | 07/01/2023

Auto finance companies will be allowed to set up overseas subsidiaries to provide financial services to Chinese automakers pursuing international expansion.

Emerging Prudential Risks

China Allows Cities With Falling Home Sales to Lower Mortgage Rates

By Editors | 06/01/2023

China’s FSDC has also told banking and securities regulators to ensure extra support is provided to “systemically important” property developers.

Operational Risk

Taiwan FSC Fines Cathay United Bank Again Over Outages

By Editors | 06/01/2023

The fine is the highest ever imposed against a bank by the FSC for IT-related issues. The bank’s president will also have his salary cut for three months.

Resolution & Recovery

China Set to Implement New Financial Stability Law This Year

By Editors | 05/01/2023

The law will create a financial stability guarantee fund, set out clear risk prevention and disposal responsibilities for financial institutions, and introduce a resolution regime for SIFIs.