Prudential Risk

AI Risk & Governance

HKMA Outlines Regtech Initiatives – Speech

By Manesh Samtani | 28/09/2018

The HKMA is looking to build a more diversified regtech ecosystem in Hong Kong and urges for greater collaboration between the banking industry and technology community.

Clearing & Post-Trade

ISDA Chief Urges Early Preparation for ‘Enormous Challenges’ of 2020

By Manesh Samtani | 27/09/2018

The industry will need to start preparing quickly to meet the challenges facing the derivatives market, which will reach a critical point in 2020, says ISDA CEO Scott O’Malia.

Liquidity Risk

India’s Regulators Attempt to Calm Credit Market Jitters

By Garima Chitkara | 26/09/2018

RBI, SEBI and the Indian government assured markets they will step in to fill any NBFC liquidity gaps after a recent default by an infrastructure financing firm.

Payments & Settlements

Australia Consults on Regulatory Framework for Stored Value Facilities

By Garima Chitkara | 26/09/2018

Regulators considering a tiered approach, whereby facilities providers with larger amounts of stored value would be subjected to higher regulatory requirements.

Cloud & Infrastructure

APRA Updates Guidance on Cloud Computing Use by Regulated Entities

By Manesh Samtani | 25/09/2018

Information paper acknowledges improvements in the ability of regulated entities to manage cloud computing risks, while also detailing observed weaknesses and areas of concern.

Cloud & Infrastructure

South Korea Designates Fintechs as Agents for Financial Institutions

By Manesh Samtani | 21/09/2018

Nine designated fintech firms will be allowed to provide services to customers for up to two years, testing their services as agents of partnering financial institutions.

Market Risk

Majority of Banks Unprepared for FRTB’s 2022 Deadline – Report

By Manesh Samtani | 20/09/2018

An IHS Markit survey of 34 banks in North America, Europe and Australia suggests the industry needs to move more quickly to get their target risk architectures for FRTB in place by 2022.

Credit Risk

India to Merge Three State Banks to Consolidate Weak Balance Sheets

By Garima Chitkara | 19/09/2018

India has begun the process to merge Dena Bank, Vijaya Bank and Bank of Baroda in a bid to support their weak balance sheets and consolidate the state-run banking sector.

Market Risk

Independent Amount – 10 Years and No Change Since Lehman Collapse

By Matthieu Sachot | 19/09/2018

Counterparties are exposed to material downside risk in posting collateral without restrictions on rehypothecation or non-segregation, says Matthieu Sachot at Chappuis Halder & Co.