Prudential Risk

Liquidity Risk

SGX RegCo Extends Suspension of Issuer Watch-List

By Editors | 24/05/2021

The extension is to enable issuers to focus on Covid-19 related business and economic challenges and on dealing with any resultant liquidity crunch.

Credit Risk

Bangladesh Approves Legislation Targeting Wilful Defaulters

By Ranamita Chakraborty | 22/05/2021

The draft amendments formally define wilful defaulters and clarify the actions that can be taken against them, including restrictions on forming new companies.

Capital Adequacy

ISDA Calls for Uniform Approach to Risk Data Reporting

By Manesh Samtani | 22/05/2021

Regulators would have a greater degree of confidence in the consistency and accuracy of the risk data being collected if they used an established industry standard in their reporting requirements.

CBDCs

CBDCs Present Central Banks with Risk-Benefit Trade-off: Fitch

By Sanday Chongo Kabange | 20/05/2021

The potential for funds to move quickly into CBDC accounts could cause credit strains in some banks and push up interest rates.

Operational Risk

APRA Mulls Changes to Super Fund Rules on Spending, Investing

By Ranamita Chakraborty | 19/05/2021

APRA is considering rules that could limit super fund spending on advertising and memberships, as well as changes to the prudential standard on investment governance.

Market Risk

APRA Asks Banks to Improve RNIV Reporting & Capitalisation

By Editors | 19/05/2021

APRA says it has observed weaknesses in banks’ Risks-not-in-VaR frameworks and inconsistencies in the calculation of the capital add-ons applied.

Emerging Prudential Risks

China to Pilot Private Retirement Savings Scheme in Two Cities

By Sanday Chongo Kabange | 18/05/2021

The scheme will help to address a gap of as many as 200 million people that are under-covered by China’s current pension system.

Credit Risk

Bank of Thailand Unveils Third Phase of Debt Relief

By Editors | 18/05/2021

The third phase of debt relief measures covers unsecured credit card and personal loans, auto hire-purchase loans, car title loans and mortgages.

Cloud & Infrastructure

APRA Sets Launch Dates for New Data Collection Tool

By Editors | 18/05/2021

The test environment will be available from 17 June and production environment from 13 September. ADIs have to maintain BEAR information in APRA Connect from September.