Prudential Risk

Credit Risk

RBI Issues Revised Priority Sector Lending Guidelines

By Editors | 07/09/2020

The new guidelines will boost credit availability for startups, renewable energy, health infrastructure, small farmers, and “identified districts” with low credit flows.

Structural Regulation

State Council Approves Rules for Financial Holding Companies

By Manesh Samtani | 07/09/2020

Based on last year’s consultation, non-financial enterprises that control financial sector businesses will need a licence to operate financial holding companies.

Clearing & Post-Trade

HKEX Enhances Capital-based Position Limits for Options, Futures

By Manesh Samtani | 07/09/2020

SEOCH and HKCC clearing participants can apply to increase their capital-based position limits, provided they meet a set of criteria.

Liquidity Risk

RBI Loosens Constraints on Banks’ Bond-buying Activities

By Editors | 06/09/2020

The move will provide banks additional liquidity to buy more government bonds and help calm investors who are nervous about a sudden spike in yields.

Credit Risk

SEBI Asks Rating Agencies Not to Classify Restructured Debt as Default

By Editors | 06/09/2020

Credit rating agencies are asked not to consider debt restructured as a result of Covid-19 related stress as a default event.

Conduct, Culture & Accountability

CBIRC Issues Action Plan to Enhance Governance at Banks, Insurers

By Editors | 06/09/2020

The action plan outlines a series of targeted measures and an implementation timetable to improve corporate governance at banks and insurers.

Structural Regulation

New Zealand Extends Overseas Investment Notification Requirement

By Editors | 04/09/2020

The notification regime allows the government to impose conditions on or block transactions that are contrary to New Zealand’s national interest.

Liquidity Risk

MAS to Launch SGD Liquidity Facility, Enhance USD Facility

By Manesh Samtani | 03/09/2020

The enhancements will fortify the resilience of Singapore’s banking sector and financial markets, and enable banks to continue to support the needs of businesses and individuals.

Operational Risk

Three Lines of Defense: Failed Promises & What Comes Next

By Erich Hoefer | 03/09/2020

The 3LoD model and its proposed successor, the Three Lines Model, need to account for social and behavioural drivers of misconduct to achieve their potential.