Prudential Risk

Capital Adequacy

BCBS Amends Capital Treatment of Securitisations of NPLs

By Editors | 26/11/2020

NPL securitisation exposures will be subject to 100% risk weight or higher, except for those risk-weighted using the external ratings-based approach.

Structural Regulation

CBIRC Finalises Enhanced Rules for Trust Companies

By Editors | 26/11/2020

The new rules will take effect on 1 January, strengthening requirements for shareholders, managers and independent directors of trust companies.

Capital Adequacy

APRA to Integrate AASB 17 with Capital, Reporting Frameworks

By Editors | 26/11/2020

A failure to update the frameworks would result in insurers needing to maintain dual valuation, actuarial, accounting and reporting systems, APRA says.

Operational Risk

ORX Expands Operational Risk Taxonomy for Financial Services

By Editors | 26/11/2020

The 2020 iteration of the taxonomy has been extended to include operational risks causes and impacts, to allows firms to add context to their data.

Liquidity Risk

RBA Speeds Up Timeline for Higher HQLA Holdings by Banks

By Editors | 25/11/2020

Initially planned to be achieved through a gradual increase until 2024, the RBA said banks can increase their holdings of HQLA to 30 percent by end-2021.

Reporting & Disclosures

IOSCO Outlines Priority Areas of Work for Year Ahead

By Editors | 25/11/2020

At its 45th Annual Meeting, the IOSCO Board approved two additional priority themes for 2021 as well as further work to promote consistent sustainable finance disclosures.

Sustainable Finance

Singapore, Chongqing Work to Enhance Financial Connectivity

By Sanday Chongo Kabange | 25/11/2020

MAS managing director Ravi Menon spoke of collaboration between the two cities on trade, cross-border lending, green finance, and disaster risk insurance.

Data Privacy

Taiwan Credit Bureau to Provide Fintechs Access to Borrower Data

By Sanday Chongo Kabange | 25/11/2020

The Joint Credit Information Center is planning to establish a new credit database by October 2021 which will provide lending and repayment data to fintech firms.

Credit Risk

Korean Banks Move to Lower Lending Limits for Overdraft Accounts

By Sanday Chongo Kabange | 25/11/2020

Major Korean banks have started lowering limits on overdraft account products, amid a move by financial regulators to curb the accumulation of household debt.