Prudential Risk

Resolution & Recovery

Singapore Bank Resolution Regime Favours Bailouts Over Credit Bail-ins – Moody’s

By Garima Chitkara | 05/04/2018

Singapore regulations favour bailouts over creditor bail-ins as bail-in buffers only comprise 1-2% of Singapore bank assets, says Moody’s.

Emerging Prudential Risks

China Launches Crackdown on Unlicensed Online Asset Managers

By Editors | 05/04/2018

Chinese authorities step up focus on the online asset management industry to clean up unlicensed firms.

Fraud, Scams & Cybercrime

PNB Investigation Reveals Systemic Failures at Bank, RBI

By Garima Chitkara | 05/04/2018

PNB allegedly misled the regulator about the progress of its Swift integration. Indian law enforcement noted that an ill-defined risk-based supervisory approach may have caused the RBI to miss the fraud.

Cybersecurity

GFMA Publishes Common Approach for Cyber Penetration Testing

By Manesh Samtani | 05/04/2018

New penetration testing framework establishes process for industry-wide cross-jurisdictional coordination on development and use of existing frameworks.

Market Risk

Indian Banks Can Spread Bond Losses Over Four Quarters

By Garima Chitkara | 05/04/2018

Banks to get a breather from taking immediate losses on rising government yields, as provisioning on NPLs have put pressure on profitability across the industry.

Liquidity Risk

Bangladesh Grants Lifeline to Private Banks Amid Liquidity Crisis

By Manesh Samtani | 03/04/2018

Government cuts cash reserve requirement to free up 100 billion takas, allows state agencies to boost deposits at private commercial banks.

Supervision & Enforcement

BCBS Publishes Study on Early Supervisory Intervention Practices

By Editors | 03/04/2018

Intervention action should be taken to correct unsafe or unsound banking practices before rules and buffers are materially breached.

Operational Risk

Bangladesh Banks Call for Reforms on Internal Controls, Compliance

By Garima Chitkara | 02/04/2018

The Bangladesh Institute of Bank Management presented a report calling for reform of internal control and compliance departments at the country’s banks.

Market Risk

ICICI Bank Fined for Failing to Disclose Debt Securities Sale

By Garima Chitkara | 31/03/2018

ICICI Bank sold debt securities from its held-to-maturity portfolio in excess of 5 percent of total value without the necessary disclosure in contravention with RBI rules.