Prudential Risk

Cybersecurity

APRA Finalises Standards on Information Security Management

By Editors | 07/11/2018

The prudential standard is aimed at boosting the resilience of APRA-regulated entities and ensuring their ability to respond to breaches swiftly and effectively.

Liquidity Risk

Japan’s Suruga Bank to Receive $2.2bn Credit Line from BOJ

By Mark Pufpaff | 05/11/2018

The credit line is aimed at preventing a liquidity crunch after a scandal involving falsified proof of income and assets to approve loans resulted in mass withdrawals by depositors.

Liquidity Risk

China’s Listed Companies Receive Support from Brokers

By Editors | 05/11/2018

Eleven brokerages have contributed $3.7bn to help listed companies facing liquidity issues, while a new programme is launched to support corporate bond issuances.

Emerging Prudential Risks

Financial Stability Risks Remain Under Control – PBOC

By Editors | 05/11/2018

PBOC Financial Stability Report says new rules will be unveiled in the first half of 2019 aimed at boosting regulatory oversight over financial holding groups.

Credit Risk

RBI Permits Banks to Provide Credit Enhancements to NBFC Bonds

By Editors | 05/11/2018

Banks can act as partial credit guarantors on bonds issued by NBFCs and HFCs to refinance existing debt, enhancing their credit ratings and making them more attractive to investors.

Capital Adequacy

Changes to Address Bad Behaviour at Banks Will Improve Resilience – RBA

By Manesh Samtani | 30/10/2018

Australian banks are more resilient following post-GFC reforms. But changes to address culture and conduct issues will increase resilience further, says RBA asst governor Michele Bullock.

Trading & Investment

China to Release Insurers from Equity Investment Restrictions

By Editors | 30/10/2018

CBIRC draft rules loosen restrictions on how much insurance companies can invest in the stock market and in which sectors they can participate.

Emerging Prudential Risks

S. Korea Scales Up Stabilisation Fund as Market Hits 22-Month Low

By Manesh Samtani | 30/10/2018

The 500 billion won fund will start investing in the KOSDAQ from November. Separately, market participants will establish an emergency monitoring system to better respond to instability.

Structural Regulation

China Publishes Draft Rules Easing Market Access for Foreign Banks

By Editors | 29/10/2018

Foreign banks will be allowed to set up wholly-owned branches and subsidiaries in China provided they maintain at least 8% of yuan-denominated risk assets as reserves.