Prudential Risk

Emerging Prudential Risks

Chinese Policymakers Pledge Measures to Reassure Markets

By Darien Choong | 19/03/2022

Vice-Premier Liu He said that the FSDC will propose “strong and effective responsive initiatives” to manage any risks which may endanger the financial system.

Capital Adequacy

RBNZ Proposes to Allow Mutual Banks to Issue Capital Instruments

By Editors | 18/03/2022

Mutual banks are currently unable to issue CET1 capital instruments, making it difficult for them to raise loss-absorbing capital, restricting their lending growth, and impairing their ability to compete.

Emerging Prudential Risks

China Shelves Plans to Expand Property Tax Trial

By Editors | 18/03/2022

There are “no suitable conditions” to pilot the property tax reform in more cities this year, China’s finance ministry said.

Trading & Investment

Australian Super Funds Shy Away from Chinese Equities – Report

By Sanday Chongo Kabange | 18/03/2022

China’s crackdown on certain sectors has left super fund executives fearing that direct equity exposures to China may not be worth the added risk.

Liquidity Risk

European Energy Traders Seek Central Bank Liquidity Support

By Darien Choong | 17/03/2022

Key energy producers and traders in Europe are asking for “emergency” liquidity assistance to help them meet margin calls in energy derivatives.

Capital Adequacy

Japan to Further Delay Implementation of Basel III – Report

By Editors | 17/03/2022

Basel III implementation will be delayed until March 2024, due to the pandemic and the financial market turmoil caused by Russia’s invasion of Ukraine.

Trading & Investment

LME Set to Reopen Following Nickel Short Squeeze Incident

By Darien Choong | 16/03/2022

Chinese nickel producer Tsingshan Holding Group has secured a liquidity facility to help it meet its margin and settlement obligations on the LME.

Credit Risk

New Zealand to Revise Responsible Lending Rules

By Mark Johnston | 15/03/2022

The new rules, introduced in December, were designed to protect the vulnerable but are making it more difficult for borrowers to obtain loans.

Cybersecurity

FS-ISAC Warns of Cyber Risk ‘Trifecta’ in 2022 and Beyond

By Editors | 15/03/2022

Boards, auditors, and regulators will demand that firms level up their incident response playbooks, tools, and platforms.