Prudential Risk

Clearing & Post-Trade

Exempt Post-trade Risk Reduction Services from EMIR Clearing Obligations – ISDA

By Garima Chitkara | 12/04/2018

ISDA white paper touts compression and counterpart rebalancing as “crucial” post-trade risk management tools that should be exempt from clearing obligations under EMIR.

Emerging Prudential Risks

China to Introduce National Financial Database in Fight Against Systemic Risk

By Garima Chitkara | 12/04/2018

China looking to build a national database of financial products and institutions in order to improve monitoring and supervision and fend off systemic financial risk.

Clearing & Post-Trade

CPMI-IOSCO Publish Multi CCP Stress Testing Framework

By Editors | 12/04/2018

Framework supports stress tests examining potential macro-level impact of common stress event affecting multiple CCPs to gauge interdependencies between markets, CCPs and other entities.

Trading & Investment

Samsung Securities Dividend Error Prompts Industry Wide Probe

By Manesh Samtani | 12/04/2018

The firm mistakenly paid out dividends worth 33 times its market cap; FSS will inspect how unauthorised ‘ghost stocks’ were sold by employees.

Resolution & Recovery

Singapore Issues TLAC Consultation

By Editors | 12/04/2018

Monetary Authority aims to bring Singapore in line with Basel III capital treatment of capital holdings from January next year.

Capital Adequacy

Philippine Bank Profits Insufficient to Support Asset Growth – Moody’s

By Editors | 09/04/2018

Moody’s says loan growth outpaces capital growth at Philippine banks as strong macroeconomic conditions increase credit demand; banks require external capital raising to improve capital ratios.

Liquidity Risk

Indonesia to Boost Bank Lending Through “Flexible” Credit, Liquidity Rules

By Editors | 09/04/2018

New rules reduce reserve requirements, simplify foreign currency deposit rules and allow banks to use their liquidity buffers to raise funding in repo transactions.

Credit Risk

India Defers Bank Adoption of New Accounting Standard One Year

By Garima Chitkara | 09/04/2018

RBI defers banks’ adoption of the Indian version of IFRS by one year; banks deemed unprepared for migration, government is yet to make necessary legislative amendments.

Credit Risk

Moody’s Upgrades Vietnamese Banks on Improved Asset Quality

By Editors | 09/04/2018

Asia Commercial Bank shows improvement since imprisonment of former vice chairman for fraud, tax evasion and illegal trade.