Prudential Risk

Capital Adequacy

Bangladesh Bank Raises Leverage Ratio Requirement

By Editors | 22/08/2021

A higher leverage ratio will help banks reduce import costs, increase quality capital, and enhance their ability of banks to absorb riskes, Bangladesh Bank said.

Credit Risk

APRA Issues Final Guidance on Credit Risk Management

By Sanday Chongo Kabange | 21/08/2021

The guidance APG 220 is published in advance of finalising the standard APS 220, which is contingent on potential changes to consumer credit laws.

Credit Risk

BIS Paper Warns of Delayed Corporate Insolvency Wave

By Ranamita Chakraborty | 20/08/2021

Unexpected credit losses could leave banks with inadequate loss-absorbing resources, warns a new working paper from the BIS.

Structural Regulation

ATO Consults on Tax Implications of IBOR Reform

By Manesh Samtani | 20/08/2021

The ATO has set out in a discussion paper the most common tax consequences that may arise from the transition from LIBOR to RFRs.

Conduct, Culture & Accountability

Australian Court Issues Fines in First Criminal Case of Bad Audits

By Sanday Chongo Kabange | 19/08/2021

EC Audit and its former director Robert James Evett have been convicted and sentenced to pay fines for failing to follow auditing standards.

Resolution & Recovery

China Huarong Announces Bailout from State-owned Enterprises

By Manesh Samtani | 19/08/2021

Huarong will issue new shares to Citic Group, China Insurance Investment, China Life Asset Management, China Cinda Asset Management and Sino-Ocean Capital Holding.

Liquidity Risk

RBI Loosens Restriction on Foreign Sovereign Bond Holdings

By Sanday Chongo Kabange | 19/08/2021

Foreign sovereign bonds will not count towards a regulatory cap on holdings of overseas listed securities, the RBI reportedly told some banks in a notice.

Capital Adequacy

BOT to Increase Flexibility of Pillar 2 Rules for Banks

By Pongnut Thanaboonchai | 18/08/2021

The changes will account for new types of risk as well as ESG principles, which help to frame sustainable lending practices and risk management culture.

Credit Risk

APRA, RBA Propose to Update Reporting Standard for Loans, Leases

By Sanday Chongo Kabange | 18/08/2021

The changes are expected to be effective from 1 January 2022. Implementation of the November 2020 updates to ARS 720.1 will be delayed until then.