Prudential Risk

Operational Risk

MAS Imposes Capital Surcharge on DBS for November Outage

By Editors | 07/02/2022

DBS has to hold SGD 930 million in additional regulatory capital until MAS is satisfied that it has addressed all shortcomings identified by an independent reviewer.

Credit Risk

PBOC, CBIRC Revise Rules for Banks on Commercial Bills Business

By Editors | 07/02/2022

Banks and finance companies should not conduct commercial bill financing business exceeding 15 percent of their total assets.

Capital Adequacy

EU Regulators Consider Stricter Rules for Foreign Banks

By Editors | 06/02/2022

EU regulators are reportedly considering rule revisions that could force more foreign banks to operate as subsidiaries rather than branches.

Emerging Prudential Risks

RBA Announces End to Quantitative Easing Programme

By Editors | 06/02/2022

RBA governor Philip Lowe suggests the central bank plans to maintain rather than shrink the size of its balance sheet.

Supervision & Enforcement

Philippines to Enhance Supervision of Financial Conglomerates

By Editors | 04/02/2022

The BSP, SEC, PDIC, and Insurance Commission have agreed to establish a supervisory college for financial conglomerate supervision.

Credit Risk

BOT Allows Banks, AMCs to Jointly Form Bad Debt Managers

By Mark Johnston | 03/02/2022

JV AMCs can provide banks more flexibility to manage bad debts, while also providing relief to borrowers who are unable to service their debt or face a collateral liquidation threat.

Liquidity Risk

Sri Lanka Increasingly Vulnerable Amid Depleting FX Reserves

By Duruthu E Chandrasekera | 02/02/2022

Sri Lanka is seeking advice from the IMF and credit from China, India, Pakistan and Australia, while the central bank offers to pay migrant workers for FX inflows.

Emerging Prudential Risks

Skills Gap a Key Bottleneck for Macao Financial Sector: IMF

By Sanday Chongo Kabange | 02/02/2022

The IMF proposes a multi-prong approach to bridge the skills gap and support the development of modern financial services in Macao.

Emerging Prudential Risks

APRA Commences Initiative to Modernise Prudential Architecture

By Editors | 02/02/2022

APRA says there will be a need for innovation in regulation and new rules, including to address how crypto-assets are treated for prudential purposes.