Prudential Risk

    Capital Adequacy

    RBNZ to Issue Final Decisions on Bank Capital in December

    By Editors | 04/10/2019

    RBNZ deputy governor Geoff Bascand says the central bank will review the amount of capital, what form it takes, and the allowed transition period before final decisions are made.

    Resolution & Recovery

    Basel III Monitoring Report Shows Shrinking TLAC Shortfalls

    By Editors | 03/10/2019

    Based on the 2022 requirements, two of 24 G-SIBs reporting TLAC data have a combined shortfall of €32.6 billion , less than half the shortfall reported six months earlier.

    Structural Regulation

    IOSCO Publishes Updates on MMF, Securitisation Regulation

    By Editors | 03/10/2019

    The reports describe progress by IOSCO members to adopt legislation, regulation and other policies covering MMF and securitisation, considered priority reform areas by the G20.

    Credit Risk

    China to Cap Loan Loss Provisioning at Banks

    By Editors | 03/10/2019

    The move is aimed at preventing an accounting practice the Finance Ministry says banks use to hide profits and dodge taxes and dividends.

    Credit Risk

    Bangladesh Bad Loan Problem is Double Reported Figures: IMF

    By Editors | 02/10/2019

    Total problem assets in Bangladesh’s banking sector would rise by more than double if the computation included stay orders, special mention accounts, and rescheduled loans.

    Fraud, Scams & Cybercrime

    India: PMC Bank Managing Director Confesses to Wrongdoing

    By Editors | 02/10/2019

    PMC Bank’s now-suspended managing director has reportedly confessed that the bank’s loan exposures went unreported for over six years.

    Operational Risk

    ASIC Review Finds Non-financial Risk Oversight Lacking

    By Editors | 02/10/2019

    ASIC says the boards of listed companies need to review their governance practices and accountability structures to ensure effective management of non-financial risks.

    Credit Risk

    SFC Offers Additional Guidance on New Margin Financing Rules

    By Editors | 02/10/2019

    New FAQs make clear that deviations from the new rules after 4 October will not automatically be seen as noncompliance or result in disciplinary action.

    Structural Regulation

    EU Equivalence Needed on Cross-Border Intragroup Transactions

    By Editors | 01/10/2019

    ISDA and EU banking associations are calling for equivalence decisions to be prioritised for Australia, Hong Kong, Singapore and South Korea, among others.

    Cybersecurity

    Singapore FIs Need Stronger Cyber Risk Culture: MAS CSAP

    By Editors | 01/10/2019

    CSAP members cite poor risk culture as a frequent contributing factor during cyber incidents, highlighting that clear expectations must be set at the board and senior management level.

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