Prudential Risk

Resolution & Recovery

SEC Thailand Targets Recovery Objective in New Strategic Plan

By Sanday Chongo Kabange | 16/02/2021

The plan includes a ‘recovery and strengthening’ objective, and measures to support the use of liquidity enhancement tools for businesses affected by Covid-19.

Credit Risk

IFRS Foundation Calls for Research Into IFRS 9, IFRS 15 Disclosures

By Editors | 16/02/2021

The aim of the research is to provide evidence about the quality of disclosure provided by entities applying IFRS 9 and IFRS 15.

Credit Risk

IOSCO Reviews Impact of Govt Support on Credit Ratings

By Editors | 15/02/2021

Government support measures played a “significant role” in alleviating the downward pressure on credit ratings, IOSCO found in its review.

Supervision & Enforcement

Superannuation Funds to Face Greater Scrutiny in 2021: APRA

By Ranamita Chakraborty | 15/02/2021

To improve member outcomes, APRA will focus on strengthening its prudential framework, sharpening supervision, improving data and enhancing transparency.

Credit Risk

CBIRC to Continue Crackdown on Trust Financing Business

By Ranamita Chakraborty | 14/02/2021

The CBIRC is targeting a reduction of total outstanding trust financing products by CNY 1 trillion this year, and to entirely shut down this business over five years.

Payments & Settlements

HSBC, HKTVmall Join Forces to Enhance Access to Trade Finance

By Manesh Samtani | 11/02/2021

HSBC will leverage commercial data from HKTVmall to analyse and forecast business performance during credit assessment, making loan approval faster and simpler.

Trading & Investment

BOJ Surpasses GPIF as Largest Holder of Japanese Equities

By Editors | 10/02/2021

In March 2020, the BOJ said it aims to buy at least JPY 6 trillion worth of ETFs a year with an upper limit set at JPY 12 trillion.

Trading & Investment

Philippines to Launch Short Selling Upon Resolution of SBL Issues

By Ranamita Chakraborty | 10/02/2021

The Philippines Stock Exchange will launch short selling once issues related to securities borrowing and lending are resolved, president Ramon Monzon.

Liquidity Risk

PBOC Directs Regional Banks to Only Seek Local Customers

By Editors | 10/02/2021

The PBOC told regional banks to focus on serving local customers and to not accept deposits from customers outside their regions.