Prudential Risk

Liquidity Risk

Ant Group Money Market Fund Shrinks to Four-Year Low

By Ranamita Chakraborty | 27/04/2021

In response to regulatory pressure, Ant Group has been urging investors through in-app notifications to switch to other funds.

Credit Risk

FSC Korea to Promote Lending to Low Credit Score Borrowers

By Ranamita Chakraborty | 27/04/2021

Banks will be advised to boost mid-range interest rate lending to borrowers with low to moderate credit scores, among other measures.

Credit Risk

PBOC Ratings Results Highlight Drop in High Risk Institutions 

By Sanday Chongo Kabange | 27/04/2021

The PBOC found rural institutions and village banks to be the riskiest, accounting for a majority of the 442 institutions that are in the ‘red zone’.

Resolution & Recovery

BSP Asks D-SIBs to Submit Recovery Plans Separate from ICAAP

By Editors | 27/04/2021

Separate submission will allow the BSP to better assess recovery plans on an institutional level and across D-SIBs, particularly during times of crisis.

Operational Risk

Taiwan FSC Directs LINE Bank to Conduct Stress Tests

By Editors | 26/04/2021

LINE Bank services crashed on Thursday due to “system overload” just as it launched new digital banking services.

Capital Adequacy

RBI Lifts Bank Dividend Ban, Subject to New Limit

By Editors | 25/04/2021

Banks will be limited to paying only 50% of the amount prescribed in a 2005 circular, which already caps dividends at a 40% payout ratio.

Model Risk

ECB Identifies Internal Model Deficiencies at Big Banks

By Manesh Samtani | 25/04/2021

The changes to correct the deficiencies will result in an overall absolute increase in risk-weighted assets of about EUR 275 billion.

Clearing & Post-Trade

ASX to Introduce Default Management Auctions for ETD in Q3

By Editors | 25/04/2021

ASX consulted last year on the introduction of an auctions framework for exchange-traded derivatives in the event of a futures clearing participant’s default.

Operational Risk

FINMA Opens Probe Into Credit Suisse Archegos Losses

By Sanday Chongo Kabange | 24/04/2021

The Swiss regulator said it will appoint a third-party agent to investigate “possible shortcomings in risk management” at Credit Suisse.