Prudential Risk

Credit Risk

Thailand Unveils New Measures to Support Debt Restructuring

By Editors | 05/01/2022

The BOT has relaxed its rules on loan classification and provisioning to enable specialised financial institutions to provide greater long-term support to debtors.

Credit Risk

Korea to Enhance Credit Recovery Support Measures

By Sanday Chongo Kabange | 04/01/2022

The CCRS and 5 state-backed guarantee institutions have agreed to adjust credit recovery standards to help borrowers of guaranteed loans return to normal more quickly.

Credit Risk

PBOC, CBIRC Call on Banks to Finance Real Estate Project M&A

By Editors | 04/01/2022

Project mergers and acquisitions between real estate companies are the most effective market-oriented means for the industry to resolve risks, said the PBOC’s Zou Lan.

Credit Risk

PBOC Modifies Re-Lending Support Facilities for Small Businesses

By Editors | 04/01/2022

The two new tools are more market-based versions of measures that have already been in place to help small and micro enterprises.

Liquidity Risk

CBSL Orders Banks to Surrender More Foreign Currency

By Duruthu E Chandrasekera | 03/01/2022

The CBSL has raised the amount of foreign currency banks have to sell to the central bank from 10 to 25 percent of inward remittances and export proceeds.

Operational Risk

Taiwan FSC Reveals Focus Areas of 2022 Inspections

By Editors | 03/01/2022

The 7 core focus areas include consumer protection, real estate credit, information security, conflicts of interest, and green finance.

Climate Risk

HKMA Unveils Results of Climate Risk Stress Tests

By Manesh Samtani | 03/01/2022

The HKMA has also finalised its guidance on climate risk management, giving banks until end-2022 to implement the new measures.

Cybersecurity

BNM Revises Regulatory Framework for Money Services Businesses

By Mark Johnston | 03/01/2022

The draft rules cover governance arrangements, operational requirements, risk management and internal controls, and IT requirements.

Credit Risk

CBIRC Targets Disorderly Expansion of Credit Card Market

By Darien Choong | 02/01/2022

Under new draft rules, banks are required to reduce interest and fee charges, prevent excessive credit usage, and better control credit risk in card operations.