Prudential Risk

Market Risk

BCBS, IOSCO Extend Initial Margin Deadlines by One Year

By Editors | 05/04/2020

With the extension, phase 5 implementation will take place on 1 September 2021 and phase 6 implementation on 1 September 2022.

Credit Risk

Outlook on 14 APAC Banking Systems is Negative: Moody’s

By Editors | 03/04/2020

Coronavirus-related disruptions will weaken the operating environment and weigh on asset quality, despite policy measures to help mitigate the effects on banks.

Capital Adequacy

New Zealand Banks Agreed to Suspend Dividends: RBNZ

By Editors | 03/04/2020

Banks have also agreed to not redeem non-CET1 capital instruments, while the RBNZ works to launch a new 3-year funding scheme by May.

Credit Risk

Philippines Mandates 30-Day Grace on Loans During Covid-19 Lockdown

By Editors | 02/04/2020

All lenders are barred from charging interest, penalties, fees, or other charges on all loans to individuals, households, MSMEs and corporate borrowers during Luzon’s enhanced community quarantine.

Operational Risk

APRA, RBA Announce Changes to Financial Firms’ Reporting Obligations

By Editors | 02/04/2020

The agencies are standardising quarterly reporting due dates, deferring two reporting initiatives, and introducing a new reporting standard for SME lending.

Credit Risk

NZ Banks Get Government Guarantee on New Loans

By Editors | 02/04/2020

Business loans under a new NZ$6.25bn scheme will be supported by a government guarantee on 80% of the loan amount.

Capital Adequacy

Banks Scrap Dividends, Buybacks Amid Regulatory Pressure

By Manesh Samtani | 02/04/2020

HSBC and Standard Chartered are among the banks that have scrapped their 2019/2020 dividends and agreed not to buy back shares.

Structural Regulation

Australia Tightens Foreign Investment Rules, Citing National Interest

By Editors | 02/04/2020

Federal approval is now required for all proposed foreign investments regardless of value or the nature of the foreign investors.

Liquidity Risk

China: State Council to Bolster Financial Support for SMEs

By Editors | 01/04/2020

The new measures will include another RRR cut, $141bn in re-lending and re-discounting quotas, and new bond issuances to exclusively support SME loans.