Prudential Risk

Emerging Prudential Risks

APRA to Review Prudential Framework for Financial Groups

By Sanday Chongo Kabange | 25/10/2022

APRA will seek industry feedback in H1 2023 on five topics related to groups: financial resilience, governance, risk management, resolution, and competition issues.

Data Privacy

HKMA Officially Launches Commercial Data Interchange

By Sanday Chongo Kabange | 24/10/2022

The new platform will enable SMEs to get cheaper bank loans, and enable banks to access the information they need to assess creditworthiness.

Credit Risk

HKMA Issues New Guidance on Investment Product Sales

By Editors | 24/10/2022

The new guidance covers investment product suitability, concentration risk assessments, and the sale of loss-absorption products.

Liquidity Risk

Korea to Buy Up Corporate Debt to Stabilise Markets

By Editors | 24/10/2022

Korea’s government has pledged KRW 50 trillion to buy up corporate debt, defer the return to 100 percent LCR, and supply liquidity to securities firms.

Cloud & Infrastructure

RBI Consults on New Master Directions on IT Governance

By Sanday Chongo Kabange | 23/10/2022

Regulated entities will have to obtain source code from vendors for critical applications or ensure a software escrow agreement is in place.

Emerging Prudential Risks

FSB Proposes Measures to Address Risks in Govt Bond Markets

By Editors | 21/10/2022

The FSB outlines policies to help address factors that caused non-bank investors to sell government bonds during the March 2020 market turmoil.

Credit Risk

HKMA Further Extends Loan Payment Holiday Scheme

By Editors | 20/10/2022

Businesses still face significant operational challenges due to a complex and uncertain external environment and economic outlook, the HKMA said.

Credit Risk

RBI Tightens Rules for Unhedged Foreign Currency Exposures

By Editors | 20/10/2022

The RBI tightened rules that require banks to factor borrowers’ unhedged foreign currency exposures into their credit-granting and loss-provisioning decisions.

Capital Adequacy

Sri Lanka to Assess Capital Adequacy of Big Banks

By Editors | 20/10/2022

The study will assess the capital impacts of losses on foreign currency-denominated financial assets and bad debt.