Prudential Risk

Liquidity Risk

RBI Extends Liquidity Support Measures for Financial Sector

By Editors | 10/02/2021

The RBI has deferred implementation of the NSFR and the final tranche of the CCB, while also extending a number of other liquidity-boosting initiatives.

Structural Regulation

G-SIBs to Spend Over $100m on IBOR Budget in 2021: EY

By Manesh Samtani | 09/02/2021

Banks of all sizes felt most of their budget would be spent on technology, followed by legal contract repapering. A shortage of legal resources remains a clear risk.

Capital Adequacy

FSC Korea Defends Restrictions on Bank Dividend Payouts

By Sanday Chongo Kabange | 09/02/2021

The FSC noted that 27 of 40 major global economies are taking similar measures to restrict dividends and share buybacks to ensure financial sector stability.

Credit Risk

Bangladesh Bank Ends Moratorium on Loan Repayments

By Duruthu E Chandrasekera | 09/02/2021

Coupled with the weaker debt repayment capacity of borrowers, Moody’s expects the move to cause a systemwide increase in the NPL ratio.

Capital Adequacy

China to Implement Revised Solvency Regulations for Insurers

By Ranamita Chakraborty | 09/02/2021

The revisions refine the existing ‘three-pillar’ framework in the areas of capital requirements, solvency measurement and methods of resolution.

Fraud, Scams & Cybercrime

Luckin Coffee Files for Bankruptcy to Facilitate Restructuring

By Editors | 08/02/2021

Luckin said it will continue to pay suppliers, vendors and employees while it negotiates with its stakeholders regarding a restructuring of its financial obligations.

Structural Regulation

Toss Bank Applies for Digital Bank Operating Licence in Korea

By Editors | 08/02/2021

Toss Bank was awarded a preliminary licence to operate an internet-only bank in December 2019. It plans to launch operations in mid-2021.

Credit Risk

Australia Passes Mandatory Comprehensive Credit Reporting Bill

By Editors | 07/02/2021

Banks will have to report expanded information about the credit history of their customers to credit agencies, paving the way for more competition in the lending market.

Emerging Prudential Risks

Korea: FSC Financial Sector Focus to Include Risk, Competition, Innovation

By Sanday Chongo Kabange | 07/02/2021

The FSC’s 2021 policy agenda for the financial sector will include measures to bolster risk management while also strengthening competitiveness and facilitating digital innovation.