Prudential Risk

Credit Risk

Bangladesh Further Extends Ban on Downgrading Borrowers

By Editors | 02/10/2020

Bangladesh Bank has instructed banks not to change their classifications of loans for another three months for borrowers that fail to make repayments.

Liquidity Risk

RBI Defers Implementation of NSFR, Final Tranche of CCB

By Editors | 02/10/2020

The delays are a result of “continuing stress on account of Covid-19”, giving banks a further six months until 1 April 2021 to meet the higher requirements.

Fraud, Scams & Cybercrime

Korea to Amend Law to Protect Private Equity Fund Investors

By Editors | 01/10/2020

The revisions will enhance oversight and risk assessment of private equity funds, and prevent illiquid funds from being marketed to retail investors.

Capital Adequacy

Fed Extends Restrictions on Bank Dividends, Share Buybacks

By Editors | 01/10/2020

Banks with more than $100bn in total assets are not allowed to initiate new share buyback programmes and dividends are capped based on recent income.

Clearing & Post-Trade

CHESS Replacement ‘Critical’ to Manage Systemic Risk: RBA

By Editors | 01/10/2020

Replacing CHESS with more modern technology is critical to ASX’s ongoing management of systemic risk, said RBA assistant governor Michele Bullock.

Trading & Investment

Hardware Failure Causes Full Day Closure at Tokyo Exchange

By Editors | 01/10/2020

The TSE apologised for inconvenience caused to investors and said it is replacing the faulty hardware. Trading is expected to resume Friday.

Supervision & Enforcement

ASIC Commences Proceedings Against Cigno, BHF Solutions

By Editors | 01/10/2020

Both companies have been providing credit to a large number of consumers and charging “substantial fees”, without holding an Australian credit licence.

Resolution & Recovery

China Issues G-SIB TLAC Rules for Consultation

By Editors | 30/09/2020

Under the rules, China’s G-SIBs must have loss-absorbing capacity amounting to at least 16 percent of risk-weighted assets starting from 1 January 2025.

Capital Adequacy

PBOC Enhances Policy Toolbox with CCyB Implementation

By Editors | 30/09/2020

The initial countercyclical capital buffer ratio will be set at zero, meaning capital requirements of banks have not been increased.