The 3LoD model and its proposed successor, the Three Lines Model, need to account for social and behavioural drivers of misconduct to achieve their potential.
September 4, 2020BCBS 239 implementation progress has veered off course at some banks as a result of the Covid-19 crisis, prompting a need for reassessment, says John Berven at Solidatus.
August 17, 2020Industry veteran Jamie Lloyd Evans discusses Basel III in light of concerns regarding capital adequacy and bank lending, and offers some thoughts on potential design improvements to the capital framework.
August 16, 2020As long as regulatory relief measures remain in the prudential framework, credit risks will continue to mount on bank balance sheets, presenting risks to financial stability.
August 12, 2020Requirements to report forbearance granted to borrowers will ensure industry statistics reflect the “true health of the banking system” and incentivise prudence in banks’ credit decisions.
August 11, 2020The principles aim to increase bank resilience to operational risk shocks, such as those arising from pandemics, cyber incidents, technology failures and natural disasters.
August 6, 2020The inefficiencies result from a prevalence of customised, paper-based legal documentation, a lack of data standards, and inconsistent reporting requirements.
July 31, 2020Trust funds in Japan have started focusing on mitigating FX settlement risk, to which they have long been exposed. This article explains the change in focus and the factors behind this.
July 27, 2020HKMA's new guidance covers issues with benchmark reform relating to the definition of capital, market risk, counterparty credit risk, liquidity and operational risk.
July 27, 2020FRTB is a significant global industry challenge, but the process to achieve its outcomes can harness value from data that can be applied throughout a bank’s operations.
July 20, 2020