ADVERTISEMENT
PEPs & Sanctions
Chinese Banks Plan for Possible US Sanctions – Report
By Editors | 09/07/2020
Bank of China and ICBC are reportedly preparing for worst-case possibilities that they could be cut off from US dollars or lose access to US dollar settlements.
Emerging Prudential Risks
FSB, BCBS Suggest Supervisory Action for Slow LIBOR Work
By Manesh Samtani | 09/07/2020
The available supervisory tools to accelerate transition at banks could include ad-hoc regulatory capital add-ons, administrative sanctions or other legal actions.
Credit Risk
ASIC Directs Listed Firms to Disclose Covid-19 Impacts
By Editors | 09/07/2020
Firms should “tell the story” of how their businesses are impacted by the Covid-19 pandemic, including support and assistance received from government, lenders, landlords and others.
Capital Adequacy
BCBS Finalises Targeted Revisions to CVA Risk Framework
By Editors | 08/07/2020
Completion of the final adjustments to the CVA framework represents the conclusion of outstanding policy work related to the Basel III framework.
Capital Adequacy
APRA Extends Regulatory Approach For Covid-19 Loan Deferrals
By Editors | 08/07/2020
APRA will also allow banks to treat loans restructured by 31 March 2021 as ‘performing’ for capital and regulatory reporting purposes.
Supervision & Enforcement
Indonesia’s Planned Bank Regulation Reshuffle Will Take Time
By Duruthu E Chandrasekera | 08/07/2020
President Joko Widodo’s plan to return bank oversight functions to Bank Indonesia is unlikely to be an immediate fix for the ongoing Covid-19 related challenges.
Credit Risk
Record Korea Budget to Support Corporate Bond-buying
By Editors | 08/07/2020
The supplementary budget will cover a 1tr won capital injection for an SPV that will purchase low-rated corporate bonds and commercial paper.
Fraud, Scams & Cybercrime
FSS Korea Considers Legal Action Against HK Hedge Fund
By Editors | 07/07/2020
Large losses on leveraged positions at Hong Kong-based Gen2 Partners earlier this year prompted a liquidity squeeze and a freeze on early redemptions.
Credit Risk
China Issues Final Rules on Handling Corporate Bond Defaults
By Editors | 07/07/2020
The final rules establish trustee managers, bondholder meetings and intermediaries as investor safeguards in the disposal of defaulted corporate bonds.
Credit Risk
CBIRC to Grade Banks on SME Credit Provisioning
By Editors | 07/07/2020
The first evaluation of how effectively banks are providing financial services to SMEs will cover 2019, and be completed by 31 October 2020.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.