Prudential Risk

Anti-Bribery & Corruption

India: Yes Bank Co-founder Arrested Over Illicit Kickbacks

By Editors | 10/03/2020

The arrest comes just days after the RBI seized control of Yes Bank due to its inability to raise capital to restore liquidity and address loan losses and credit downgrades.

Liquidity Risk

Japan Approves Trillion-Yen Aid Package to Support Economy

By Editors | 10/03/2020

The package includes low- and zero-interest loans for the hardest hit SMEs and self-employed workers, and additional support for larger companies through public financial institutions.

Cloud & Infrastructure

Outsourcing Requirements for Hong Kong Banks: An Overview

By Philip Keller | 10/03/2020

Industry veteran Philip Keller outlines outsourcing requirements for banks in Hong Kong, with a focus on data, a major area of concern in relation to outsourced activities.

Emerging Prudential Risks

Australia: ‘Perfect Storm’ of Regulatory Change Squeezing Smaller Banks

By Editors | 09/03/2020

The Customer Owned Banking Association is calling for the government to reassess the approaching wave of banking regulation, as record low interest rates squeeze margins.

Operational Risk

RBNZ, NZBA Say Banks ‘Ready to Respond’ to Covid-19 Impacts

By Editors | 09/03/2020

The RBNZ has inquired into the risk management approaches and preparedness for COVID-19 at banks, and the responses show they are prepared, according to governor Adrian Orr.

Operational Risk

25 Years Since Barings Collapse: What Has Changed?

By Peter Guy | 09/03/2020

Peter Guy explores whether regulation, compliance and financial technology have improved risk management in the 25 years since Barings Bank’s spectacular crash.

Credit Risk

Taiwan to Launch New Credit Reporting Platform at End-March

By Editors | 09/03/2020

The TWSE says the new platform will enhance risk management for securities firms and banks, which currently use different platforms to perform credit checks.

Resolution & Recovery

UPDATED – RBI Seizes Control of Troubled Lender Yes Bank

By Editors | 06/03/2020

The RBI says it had “no alternative” to protect the interests of the public and depositors, given the absence of a credible revival plan. A draft plan for Yes Bank’s reconstruction is open for comment.

Trading & Investment

HKMA Sets Out Expectations on Algo-Trading Risk Management

By Editors | 06/03/2020

During thematic examinations last year, the HKMA observed a number of sound practices used by some institutions to manage the risks associated with algorithmic trading.