Financial Stability Board

Credit Risk

Japan Regulators Seek Data on Financial Firms’ Risky Investments

By Editors | 10/09/2019

The BOJ and FSA are collecting data on financial firms’ holdings of collateralised loan obligations and leveraged loans to understand the risks they present.

Liquidity Risk

HKMA Introduces New Liquidity Facilities for Banks

By Manesh Samtani | 27/08/2019

The updated Liquidity Facilities Framework is part of ongoing work to maintain the integrity and stability of Hong Kong’s monetary and financial systems, said HKMA chief Norman Chan.

Conduct, Culture & Accountability

APRA Proposes New Prudential Standard on Executive Pay

By Editors | 24/07/2019

Key proposals include limits on the financial performance component of variable compensation, a 7-year deferral period for executive bonuses, and claw back for up to 4 years.

Emerging Prudential Risks

FSB Adjusts Timelines to Implement Recommended SFT Haircuts

By Editors | 22/07/2019

The FSB has adjusted the implementation timelines for its framework recommendations for haircuts on certain non-centrally cleared securities financing transactions to align with Basel III.

Cybersecurity

FSB Seeks Industry Input on Cyber Incident Response and Recovery

By Editors | 15/07/2019

The survey will inform the FSB’s development of a toolkit of effective practices for responding to and recovering from cyber incidents.

Resolution & Recovery

G-SIBs Making Steady, Significant Progress on TLAC: FSB

By Editors | 04/07/2019

The FSB says further efforts are needed to ensure that TLAC will be available in the right amounts at all locations within a group during a crisis.

KYC & CDD

Wolfsberg Group Publishes CBDDQ Capacity Building Materials

By Editors | 01/07/2019

The materials include high level training videos and detailed guidance on the questionnaire, aimed at facilitating its implementation and halting the decline in correspondent banking.

Emerging Prudential Risks

FSB Chair Issues Letter to G20 Ahead of Osaka Summit

By Editors | 27/06/2019

The letter reports on the FSB’s work to monitor financial stability risks, reform implementation progress, and market fragmentation issues.

Capital Adequacy

Benefits of Stronger Capital Exceed Potential Output Costs

By Editors | 26/06/2019

The FSB and BCBS have issued reports assessing the net economic impact of stronger capital and liquidity reforms and the macroeconomic implications of transitioning to full implementation.