Prudential Risk

Operational Risk

HKMA Directs Banks to Ensure Resiliency of Payment Operations

By Manesh Samtani | 31/07/2022

Payment-related operational incidents have impacted banks, their customers, as well as other financial institutions, including in the securities sector.

Operational Risk

APRA Proposes New Operational Risk Management Standard

By Editors | 29/07/2022

APRA proposes to introduce a new cross-industry prudential standard on operational risk management, which also covers third-party service providers.

Emerging Prudential Risks

RBNZ to Improve Readability of Bank Assurance Reports

By Editors | 28/07/2022

The RBNZ will implement changes designed to rationalise the structure of the assurance reports and improve their readability.

Credit Risk

Bangladesh Bank Relaxes Loan Rescheduling Policy

By Editors | 28/07/2022

Businesses can make a smaller down payment to reschedule their loans. Rescheduling will allowed up to four times, compared to three times previously.

Trading & Investment

China FIs Asked to Boost Bond Issuance by Private Enterprises

By Darien Choong | 27/07/2022

Financial institutions are asked to support private enterprises by helping them to issue bonds and increasing their investments in such bonds.

Resolution & Recovery

Korea to Introduce Funding Support Mechanism for FIs in Distress

By Editors | 27/07/2022

Funding support will only be made available for the resolution of distress in cases where an FI has the potential to improve liquidity and capital adequacy.

Capital Adequacy

APRA Finalises Implementation Guidance for New Capital Framework

By Editors | 27/07/2022

APRA is seeking written submissions by 26 August 2022 on consequential amendments relating to the treatment of exposures to New Zealand and the NSFR requirement.

Credit Risk

Korea Unveils KRW 80 Trillion Package to Support Business Recovery

By Editors | 27/07/2022

A KRW 41.2 trillion programme has been launched to help self-employed business owners and small merchants. Two other programmes will be announced next month.

Data Privacy

APRA to Start Publishing ‘Enhanced’ Superannuation Data in September

By Editors | 26/07/2022

Quarterly publications will start in September and annual publications in early 2023, comprising new and expanded data on an industry, fund and product basis.