All posts tagged "BCBS"
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29Asia-PacificMinimising the UMR Compliance Burden by Embracing Automation
Neil Murphy talks to Regulation Asia about how prepared phase 5 and 6 firms are for compliance and how TriOptima is easing the burden through automation.
April 15, 2021 -
62FeatureBasel Committee Calls for Adaption to Climate Risks
Two new reports from the BCBS outline banking system exposure to climate-related risks and recommend methodologies be adapted accordingly.
April 15, 2021 -
186InternationalBCBS Issues Principles for Operational Resilience and Risk
Increasing banks' resilience to absorb shocks from operational risks will provide additional safeguards to the financial system as a whole, the BCBS says.
April 1, 2021 -
190Capital RegulationMAS Consults on Credit Risk Capital Requirements, Output Floor
MAS is seeking feedback on draft standards relating to credit risk capital and output floor requirements which will start to take effect from 1 January 2023.
March 29, 2021 -
368Big PictureClimate Risk & Regulation: A Race to the Top
Bill Coen, Chair of the IFRS Advisory Council and former BCBS Secretary General, speaks to Regulation Asia about initiatives underway to mitigate climate-related risk in the banking sector.
March 23, 2021 -
259Capital RegulationBanks Facing FRTB Data and Modeling Difficulties
Data was the number one challenge identified for FRTB implementation, with 59% of 131 respondents to a Bloomberg poll citing it as their main challenge.
March 18, 2021 -
173EnforcementUS Fed Threatens Supervisory Action for Slow LIBOR Work
Guidance for examiners suggests supervisory actions for firms that are not ready to stop issuing LIBOR-based contracts by end-December.
March 12, 2021 -
145Capital RegulationFSC Korea Defends Restrictions on Bank Dividend Payouts
The FSC noted that 27 of 40 major global economies are taking similar measures to restrict dividends and share buybacks to ensure financial sector stability.
February 10, 2021 -
198IndiaRBI Directs Banks to Enhance Internal Audit Function
Banks are encouraged to adopt the international standards for internal audit, such as those issued by the BCBS or the Institute of Internal Auditors.
January 12, 2021 -
307Capital RegulationTaiwan FSC Designates First Commercial Bank as Sixth D-SIB
In June 2019, the FSC designated CTBC Bank, Cathay United Bank, Taipei Fubon Bank, Mega International Commercial Bank and Taiwan Cooperative Bank as D-SIBs.
January 2, 2021
