Prudential Risk

Clearing & Post-Trade

ISDA to Recognise China as Clean Netting Jurisdiction

By Editors | 04/05/2022

ISDA plans to publish a legal opinion recognising China as a jurisdiction in which close-out netting can be applied, paving the way for a more diversified onshore derivatives transactions.

Emerging Prudential Risks

APRA Scraps Expectations on Negative Rate Preparedness

By Editors | 04/05/2022

Banks asked for an extension on a 31 July 2022 deadline, citing market conditions and resource pressures due to other priorities.

Resolution & Recovery

PBOC, CBIRC Issue Rules to Improve G-SIB Loss-absorbing Capacity

By Editors | 03/05/2022

The notice is aimed at facilitating the issuance of non-capital bonds with loss-absorbing capacity by Chinese D-SIBs.

Trading & Investment

CSRC Launches Campaign to Expand Public Funds Market

By Manesh Samtani | 03/05/2022

Banks, insurers, brokers and foreign FIs are urged to establish licensed fund management companies. Fund investment channels will be expanded and operational rules relaxed.

Emerging Prudential Risks

PBOC Announces Launch of Two New Re-lending Facilities

By Editors | 02/05/2022

The PBOC will provide banks low cost funds which they can use to support innovative technology companies and institutions providing elderly care services.

PEPs & Sanctions

Chinese Regulators Consider Options to Guard Against Sanctions

By Editors | 02/05/2022

Officials from the PBOC, MOF and CSRC reportedly met with foreign and domestic banks to discuss ways to protect China’s foreign assets from possible future US sanctions.

Fraud, Scams & Cybercrime

Bangladesh Tightens Rules for Agent Banking Operations

By Editors | 01/05/2022

Banks will be required to more closely monitor their agent banking outlets, conduct regular visits of such operations, and submit quarterly reports on any irregularities detected.

Capital Adequacy

Taiwan FSC Revised Eligibility Criteria for Bank Branch Openings

By Darien Choong | 30/04/2022

Based on an average pre-tax return requirement, a total of 12 banks and 20 credit cooperatives are eligible to apply to open a new branch office in 2022.

Liquidity Risk

RBI Updates LCR Guidance for Commercial Banks

By Editors | 30/04/2022

Banks can include government securities worth up to 16 percent of their NDTL in their LCR calculations, compared to 15 percent under earlier guidance.