Prudential Risk

Liquidity Risk

BSP Excludes Interbank Borrowings from Reserve Calculations

By Editors | 25/11/2019

“The exclusion of these types of borrowings from the reserve base of banks and quasi-banks will result in freed-up liquidity for lending or investment activities,” the BSP said.

Market Risk

EFS Reporting for Derivatives to Start in Q3 2020: APRA

By Editors | 23/11/2019

APRA has determined that only ANZ, BNP Paribas, Citibank, CBA, Deutsche Bank, HSBC, JP Morgan, Macquarie, MUFG, NAB, Sumitomo Mitsui and Westpac will be required to report under ARS 722.0.

Capital Adequacy

RBNZ Sanctions NAB’s Bank of New Zealand for Capital Calculation Errors

By Editors | 23/11/2019

Bank of New Zealand is the third of the big four banks in New Zealand to be forced to hold more capital as a result of capital calculation errors.

Cybersecurity

MAS, ABS Conclude 6th Crisis Response Testing Exercise

By Editors | 23/11/2019

‘Exercise Raffles’ brought together the public and private sectors – including the FS-ISAC, HKMA, CSA, SGX, SWIFT and FIS Global – to test cyber and operational disruption response capabilities.

Capital Adequacy

FSB Adds Toronto Dominion to G-SIBs List

By Editors | 23/11/2019

The addition of Toronto Dominion to the list brings the overall number of G-SIBs from 29 to 30. Deutsche Bank was moved to a lower bucket within the list.

Credit Risk

SEBI Requires Listed Companies to Disclose Defaults Within 24 Hours

By Editors | 22/11/2019

Effective from 1 January, once a listed company falls 30 days behind on loan repayment it will have 24 hours to disclose the default, even before it is classified as an NPA by the lender.

Conduct, Culture & Accountability

Aussie Banks Adopt Safeguards Against Unfair Debt Collection Practices

By Editors | 21/11/2019

The move comes after hundreds of vulnerable debtors who have had their homes put at risk in bankruptcy court this year over relatively small debts.

Capital Adequacy

APRA Consults on Revised Leverage Ratio Requirements

By Editors | 21/11/2019

APRA intends to adopt BCBS revisions to the leverage ratio standard and disclosure requirements, and allow IRB ADIs to adopt modified SA-CCR early for public disclosure.

Emerging Prudential Risks

Hong Kong Leads Asia on LIBOR Transition Readiness: KPMG

By Manesh Samtani | 21/11/2019

Survey findings and discussions with banks in the region indicate a lack of readiness for the LIBOR transition. But, failure to keep up will eventually prove disruptive, KPMG says.