Prudential Risk

Emerging Prudential Risks

APRA Corporate Plan Highlights Focus on Industry Resilience

By Sanday Chongo Kabange | 14/08/2022

In its latest corporate plan, APRA said its focus is to ‘protect the community today’ and ensure the financial system is ‘prepared for tomorrow’.

Credit Risk

Vietnam: SBV to Selectively Grant Credit Quotas to Banks

By Editors | 14/08/2022

Several banks have already exhausted their quotas and are no longer accepting new loan applications. The SBV has so far refrained from granting additional quotas.

Credit Risk

Two Chinese Developers Get Support from SOEs

By Editors | 12/08/2022

Greenland Holdings has secured CNY 3 billion in loans. Yanggo Group will receive help from China Huarong Asset Management to restructure its debt.

Emerging Prudential Risks

SEC, CFTC Propose Enhanced Reporting Rules for Hedge Funds

By Manesh Samtani | 11/08/2022

Under the proposed rules, large hedge funds and PE funds would have to report their crypto exposures for the first time.

Capital Adequacy

Korea: New FSC Administration Sets Out Policy Agenda

By Sanday Chongo Kabange | 11/08/2022

The agenda sets out measures to ensure financial stability, encourage digital transformation, improve the capital markets, and introduce new regulations for digital assets.

Cryptocurrency

MAS Rescinds IPA Granted to Crypto Lender Hodlnaut

By Editors | 11/08/2022

Hodlnaut froze withdrawals, token swaps and deposits on its platform on Monday to focus on stabilising its liquidity and preserving assets.

Capital Adequacy

APRA Finalises Reporting Standards for New Bank Capital Framework

By Editors | 11/08/2022

To maximise the time available for entities to develop reporting solutions, the APRA Connect external test environment will be made available in early September.

Credit Risk

China Tightens Risk Management Rules for State-owned FIs

By Darien Choong | 11/08/2022

The Ministry of Finance strengthened rules around offshore investments, risk monitoring, and debt restructuring for “zombie enterprises”.

Trading & Investment

BSEC Secures Pledge from Brokers to Support Stock Market

By Manesh Samtani | 10/08/2022

Merchant bankers also agreed to provide support. Listed companies were asked to form market-making subsidiaries. Bangladesh Bank amended its rules on calculating bank exposure limits.