Prudential Risk

    Market Risk

    ISDA Chief Urges Accounting Bodies to Prioritise Benchmark Reform

    By Editors | 12/06/2019

    ISDA chief Scott O’Malia says market participants need clarity from the IASB and FASB on the accounting implications of a switch from IBORs to RFRs.

    Credit Risk

    PBOC to Guarantee Bank of Jinzhou’s CD Issuance

    By Editors | 11/06/2019

    The PBOC introduced the credit risk mitigation tool last year to support bond issuances by private firms. Bank of Jinzhou will be the first to issue interbank CDs under the initiative.

    Emerging Prudential Risks

    RBI to Step Up Monitoring of Shadow Banking Sector

    By Editors | 11/06/2019

    Governor Shaktikanta Das says the RBI will increase its monitoring of NBFCs and issue final liquidity risk management rules for the sector “soon”.

    Capital Adequacy

    FSB Examines Effects of Post-Crisis Reforms on SME Financing

    By Editors | 11/06/2019

    SME lending growth has resumed in recent years, and access to external finance for SMEs appears to have improved, particularly in advanced economies.

    Credit Risk

    UPDATED – RBI Issues New Framework for Stressed Asset Resolution

    By Garima Chitkara | 10/06/2019

    The new norms replace the February 2018 rules on the resolution of stressed assets that were struck down by the Supreme Court earlier this year.

    Liquidity Risk

    RBA Says Banks Can Hold More Govt Securities to Meet LCR

    By Editors | 10/06/2019

    Banks can increase the proportion of government securities they hold to meet prudential liquidity requirements.

    DeFi & Web3

    FSB: Decentralisation Could Benefit Financial Stability

    By Manesh Samtani | 08/06/2019

    While decentralised financial technologies do pose risks, they may increase competition and diversity in the financial system and reduce existing entities’ systemic importance.

    Liquidity Risk

    SEBI Mulls Liquidity Buffer Requirement for Funds

    By Editors | 08/06/2019

    The proposal could require all liquid funds to invest a fixed portion of their assets in government securities or other sovereign debt.

    Credit Risk

    China Urges Private Firms to Swap Debt for Equity

    By Editors | 07/06/2019

    China’s debt-to-equity swaps programme has been dominated by state enterprises. More private companies are now being encouraged to participate to reduce short-term repayment pressures.

    Clearing & Post-Trade

    CPMI-IOSCO Paper on CCP Default Management Auctions

    By Editors | 07/06/2019

    The discussion paper describes the considerations CCPs take into account when planning and conducting default management auctions.

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