Prudential Risk

Liquidity Risk

BOK Ends Special Lending Programme as Markets Stabilise

By Editors | 03/02/2021

The BOK has decided to end a special lending programme that allowed banks, brokerages and insurers to obtain funding by pledging corporate bonds as collateral.

Liquidity Risk

RBA Unexpectedly Announces Extension of QE Programme

By Editors | 03/02/2021

The RBA’s first-ever quantitative easing programme was due to expire in mid-April. It will now be extended until at least October.

Operational Risk

Myanmar Banks Reopen Amid Military-led State of Emergency

By Manesh Samtani | 02/02/2021

Some foreign banks have launched emergency safety measures, ordering employees to stay at home or halting operations indefinitely.

Credit Risk

India Announces Support for Banks in Budget for New Fiscal Year

By Editors | 02/02/2021

The budget includes the establishment of a ‘bad bank’ to take over banks’ bad assets and a plan to inject INR 200 billion into state lenders.

Fraud, Scams & Cybercrime

Singapore Authorities Probe Crowdfunding Platform for Misconduct

By Editors | 02/02/2021

The probe is looking into possible offences under the Penal Code and the Securities and Futures Act by group companies belonging to CoAssets Ltd.

Operational Risk

APRA Releases Policy, Supervision Priorities for 2021

By Editors | 01/02/2021

Priorities include updates to the prudential standards on remuneration, resolution and recovery planning, operational risk, governance and risk management.

Resolution & Recovery

HKMA Drafts Guidance on Operational Continuity in Resolution

By Editors | 01/02/2021

Operational continuity in resolution is a key aspect of resolution planning for individual banks, the HKMA says.

Credit Risk

CBSL Reduced Risk Weights on Bank Mortgage Loans  

By Duruthu E Chandrasekera | 01/02/2021

The Sri Lankan central bank has lowered the risk weights applicable to credit risk for foreign claims on the central government and residential housing loans.

Credit Risk

FSC Korea to Tighten Debt Service Ratio Rules in Q1

By Editors | 01/02/2021

The accumulation of excessive debt may pose a risk to the economic recovery, the FSC said, pledging to introduce measures to rein in household and corporate debt.