Prudential Risk

Liquidity Risk

RBI Eases Liquidity Norms to Support Non Bank Financing Sector

By Garima Chitkara | 22/10/2018

The RBI has increased the carve out for government securities used in LCR computations against statutory liquidity ratios, and increased the lending ceiling to a single NBFC.

Cybersecurity

Japan FSA Updates Financial Sector Cyber Policy

By Manesh Samtani | 21/10/2018

Japan’s financial infrastructure may come under attack in the lead-up to the 2020 Tokyo Olympics, the FSA says as it prepares to guard against potential large-scale incidents.

Capital Adequacy

Basel Invites Feedback On Leverage Ratio Reform

By Garima Chitkara | 19/10/2018

The Basel Committee is inviting feedback on the approach to reforming the leverage ratio as it applies to client cleared derivatives.

Credit Risk

Japan Banks Face Asset Risks, but No Change in Outlook – Moody’s

By Garima Chitkara | 17/10/2018

Japanese banks face profitability pressures and asset risks, even as liquidity and capitalisation remain robust, the ratings agency said.

Cybersecurity

G7 Publishes ‘Fundamental Elements’ for Financial Sector Cyber Resilience

By Editors | 17/10/2018

These include a guide for assessing cyber resilience through threat-led penetration testing, and best practices for managing cyber risk posed by third parties.

Structural Regulation

ISDA Publishes Updated Template for Close-Out Netting Legislation

By Manesh Samtani | 17/10/2018

Jurisdictions are increasingly seeking guidance on implementing legislation to ensure the enforceability of close-out netting, the “single most important risk mitigation tool in derivatives markets”.

Credit Risk

IFRS 9 Does Not Materially Affect APAC Banks’ Fundamentals – Moody’s

By Manesh Samtani | 16/10/2018

Moody’s says problem loan coverage has improved for many APAC banks, offsetting overall declines in CET1 ratios as a result of IFRS 9.

Emerging Prudential Risks

E-wallet Operator Oversight to Benefit Singapore Financial Stability: Moody’s

By Manesh Samtani | 16/10/2018

Coming into force next year, the Payment Services Bill will require e-wallet operators to ring-fence wallet funds from lending activities, a move Moody’s says will benefit banks.

Operational Risk

SFC Fund Manager Code of Conduct Compliance Checklist

By Derek McGibney | 11/10/2018

With the SFC’s FMCC compliance deadline about one month away, fund managers need to have key components in place, says Cordium’s Derek McGibney.