Prudential Risk

Credit Risk

CBIRC Directs FIs to Provide Support to Covid-hit Logistics Sector

By Darien Choong | 18/04/2022

Banks are directed to increase financial support for transportation enterprises, including by offering them new lending, deferring loan repayment, and lowering loan interest and fees.

Capital Adequacy

UK Regulators Warn Banks Against ‘Gaming the Rules’

By Editors | 18/04/2022

The warning is reportedly directed at Barclays, the only UK lender that used its pension scheme for capital arbitrage transactions in recent years.

Liquidity Risk

PBOC Cuts RRR for Banks as Economic Uncertainty Looms

By Editors | 17/04/2022

The cut will free up an estimated CNY 530 billion in banking system liquidity to support the economy and keep financing costs stable.

Trading & Investment

SEBI Issues Risk Management Framework for New EGR Segment

By Editors | 17/04/2022

The framework sets out a system for stock exchanges to collect margins from trading members to cover potential losses from trading in Electronic Gold Receipts.

Liquidity Risk

RBI Introduces New Standing Deposit Facility for Banks

By Editors | 16/04/2022

The facility allows banks to deposit excess liquidity at the RBI, without the central bank having to provide government securities as collateral in exchange.

Cryptocurrency

Australia: Regulatory Hurdles Delay Rollout of CBA Crypto Services

By Mark Johnston | 15/04/2022

ASIC is using its design and distribution powers to ensure CBA customers are provided the right level of disclosures around crypto product risks.

Operational Risk

Taiwan FSC Fines Cathay United Bank Over ATM Disruptions

By Darien Choong | 14/04/2022

The bank was fined, temporarily barred from setting up new ATMs, and required to increase its operational risk capital by 30 June.

Emerging Prudential Risks

ASEAN Ministers, Central Banks Prioritise Financial Stability, Inclusion

By Sanday Chongo Kabange | 14/04/2022

Finance ministers and central bankers have committed to promoting financial stability, financial inclusion and banking integration in the ASEAN region.

Resolution & Recovery

Sri Lanka to Temporarily Stop Servicing Foreign Debt

By Manesh Samtani | 14/04/2022

The government is suspending repayment of foreign debt pending the completion of a loan restructuring programme with the IMF.