Prudential Risk

Credit Risk

S. Korea Tightens Mortgage Lending in More Areas to Curb Speculation

By Editors | 02/03/2020

New areas on the outskirts of Seoul have been designated speculative areas where the loan-to-value ratio on mortgage loans is being lowered to curb housing market overheating.

Credit Risk

Philippine Banks to Get Covid-19 Regulatory Relief

By Editors | 01/03/2020

The relief measures may include grace periods for rediscounting loans, staggered booking of credit losses, non-imposition of penalties for reserve deficiencies, and non-recognition of loan defaults.

Operational Risk

WFE: Exchanges, CCPs Implementing Advanced, Embedded ERM

By Editors | 01/03/2020

Market infrastructures – exchanges and CCPs – are implementing advanced and embedded enterprise risk management right across their organisations, the WFE says.

Emerging Prudential Risks

BIS Seeks Integration of Climate Risk in Prudential Framework

By Manesh Samtani | 01/03/2020

At a recent BIS meeting, participants discussed how existing risk management requirements for banks and insurers could be adjusted to capture climate risk exposures.

Credit Risk

FSC Korea to Enhance Support for Innovative Startups, SMEs

By Editors | 28/02/2020

The policy plan includes support for 1,000+ innovative companies, a new business credit scoring system, a per-industry collective credit guarantee scheme, and the introduction of non-recourse factoring.

Capital Adequacy

BCBS Clarifies Capital Treatment of Amended LIBOR Contracts

By Editors | 28/02/2020

Capital instruments amended solely to implement benchmark reforms will not be treated as new instruments for the purpose of assessing their eligibility as Tier 1 and Tier 2 instruments.

Operational Risk

BOJ Enquires into Banks’ Covid-19 Contingency Plans

By Editors | 28/02/2020

Risks to the banking system came into focus on Thursday when MUFG became the first major Japanese bank to report an infection.

Credit Risk

PBOC to Supply Banks an Additional ¥500b for SME Lending

By Editors | 28/02/2020

The fresh funding comprises ¥300bn in re-lending quotas for small firms, ¥100bn for agriculture, and ¥100bn in re-discounting quotas, to help mitigate the economic impact of Covid-19.

Credit Risk

CBIRC Considers New Bad Debt Managers to Resolve P2P Loans

By Editors | 28/02/2020

Companies in Shanghai, Zhejiang and Shenzhen have submitted applications to set up local asset managers to deal with bad loans, particularly those from P2P lending platforms.