Prudential Risk

Emerging Prudential Risks

G-SIB Framework Meeting its Objectives – BCBS

By Editors | 06/02/2019

The analysis supports the view that the G-SIB framework is incentivising G-SIBs to become less systemically important. Non-GIBs are showing an increase in relative importance.

Emerging Prudential Risks

Non-bank Financial Intermediation Grows for Sixth Year – FSB 

By Editors | 06/02/2019

Leveraged finance markets have exceeded pre-crisis highs, attracting attention from regulators, with non-banks increasingly providing a large share of the financing.

Capital Adequacy

Vietnam to Rank Domestic, Foreign Financial Institutions

By Editors | 05/02/2019

The rankings will be used to alert the central bank to risks at financial institutions in the interest of safeguarding the banking system and protect depositors.

Credit Risk

Myanmar Allows 35pc Foreign Ownership in Local Banks

By Editors | 05/02/2019

Foreign funding will support growing demand for financing and help banks upgrade loan screening and data systems.

Resolution & Recovery

ISDA, FIA, IIF Respond to FSB Paper on CCP Resolution

By Garima Chitkara | 04/02/2019

The FSB in November consulted on the financial resources CCPs should have for resolution planning and how CCP capital should be treated in the event of resolution.

Emerging Prudential Risks

PBOC Sets Up New Bureau to Oversee Financial Regulation

By Editors | 04/02/2019

China’s central bank has set up a new macro-prudential management bureau to monitor financial systemic risks, draft rules and advise on currency issues.

Cybersecurity

Insurance a Critical Part of Cyber Risk Response – MAS

By Manesh Samtani | 01/02/2019

Only 6% of global cyber insurance premiums come from APAC, said MAS division head Elean Chin at the launch of a new report which reveals the inadequacy of cyber risk preparedness.

Credit Risk

China Banks Wrote Off Bad Debt Worth $146bn in 2018

By Editors | 01/02/2019

Write-offs are the quickest and most direct way to reduce NPL ratios and free up the supply of credit at commercial banks.

Credit Risk

RBI Removes Three State Run Banks from PCA Framework

By Editors | 01/02/2019

India’s central bank has removed the Bank of India, Bank of Maharashtra and Oriental Bank of Commerce from lending restrictions under its prompt corrective action framework.