Prudential Risk

Credit Risk

PBOC, CBIRC Urge Banks to Support Real Estate M&A Deals

By Manesh Samtani | 21/12/2021

Banks are asked to support acquisitions of property development projects by healthy real estate companies, including by providing direct loans and facilitating bond issuance.

Emerging Prudential Risks

CBIRC Enhances Rules for Insurance Groups to Prevent Risk

By Darien Choong | 20/12/2021

The revised rules seek to align the domestic framework with IAIS standards, while also addressing corporate governance and risk management issues.

Structural Regulation

OJK Indonesia Suspends Granting of New Asset Management Licences

By Editors | 20/12/2021

OJK said the moratorium will allow it to evaluate governance, capacity and prudential practices in the mutual fund industry.

Emerging Prudential Risks

Global Debt Reached Record $226tr in 2020: IMF

By Editors | 20/12/2021

The debt surge has amplified vulnerabilities and constrained the ability of governments and the private sector to support the recovery.

Emerging Prudential Risks

FSB Calls For Papers on NBFI Risks and Policy Remedies

By Editors | 20/12/2021

The papers will be used to advance the FSB’s understanding of systemic risks in NBFI and specific policy approaches that may be used to address them.

Structural Regulation

SEBI Grants Mutual Funds More Time to Comply with New Norms

By Editors | 20/12/2021

SEBI has issued new guidelines on the use of pool accounts by mutual funds and deferred implementation of new risk management and benchmarking norms.

Capital Adequacy

RBNZ Updates Disclosure Requirements for Banks

By Editors | 20/12/2021

The updates align disclosures with the new RBNZ’s capital adequacy requirements, which will be phased in over seven years starting from July 2022.

Operational Risk

RBI Issues Draft Rules for Banks on Operational Risk Capital

By Editors | 20/12/2021

The draft directions, aligned with the Basel III standards, are open for consultation until 31 January 2022 and expected to take effect on 1 April 2023.

Data Privacy

HKMA Sets Targets for Launch of New Credit Reference Platform

By Manesh Samtani | 19/12/2021

The new platform will serve as an interface for credit providers and CRAs to share credit data, as Hong Kong prepares to introduce additional CRAs in the city.