Prudential Risk

Capital Adequacy

China: Banks, SOEs Ordered to Report on Ant Group Exposures

By Editors | 23/02/2022

China’s National Audit Office, the CBIRC and other authorities have reportedly asked SOEs and banks to report on their exposures to Ant, its subsidiaries and its shareholders.

Credit Risk

FSB Seeks Market Views on Resolving Debt Overhang Issues

By Editors | 23/02/2022

Debt overhang of corporates could create a drag on economic recovery of jurisdictions and pose risks to financial stability, the FSB says.

Capital Adequacy

RBNZ Consults on Dual Reporting Requirements for IRB Banks

By Sanday Chongo Kabange | 22/02/2022

The RBNZ plans to bring dual reporting requirements into effect from 1 July 2022, requiring IRB banks to also disclose RWA outcomes based on the standardised approach.

Credit Risk

RBI Extends Deadline for New NBFC Asset Classification Norms

By Mark Johnston | 22/02/2022

The new norms would have led to a spike in non-performing assets for NBFCs and, hence, higher provisioning.

Operational Risk

APRA Offers Guidance on Managing Compliance Risk

By Sanday Chongo Kabange | 22/02/2022

APRA wants regulated entities to give compliance risk management the same attention they give to cyber risk, operational risk management and other risk classes.

Liquidity Risk

Bank Liquidity Has Improved Amid Pandemic: BCBS

By Editors | 22/02/2022

Capital shortfalls for the final Basel III requirements are at a historically low level, due at least in part to capital distribution constraints during the pandemic.

Credit Risk

BNM Allows Individuals to Complete eCCRIS Registration Digitally

By Editors | 21/02/2022

The enhancements make it more convenient and safer for individual users to register for eCCRIS and access their credit reports, for free, BNM says.

Climate Risk

Singapore Govt, MAS to Extend Support for Businesses

By Editors | 21/02/2022

MAS is extending its SGD facility to support SME lending. Singapore will target net zero emissions by or around 2050, which was previously the target for halving emissions.

Cloud & Infrastructure

Korea FSS Includes NFT, Metaverse Monitoring in Annual Work Plan

By Sanday Chongo Kabange | 20/02/2022

The FSS said it will strengthen its supervision of “new trading assets such as NFTs” and “prepare countermeasures” if necessary to protect consumers against damage.