Banks dealing with hedge funds and family offices should set up daily monitoring and additional risk control processes to manage those CCR exposures.
October 21, 2023The ECB identified "material shortcomings" in how banks manage counterparty credit risks. Banks should "promptly address weaknesses".
January 19, 2023Banks will have to report expanded information about the credit history of their customers to credit agencies, paving the way for more competition in the lending market.
February 8, 2021Completion of the final adjustments to the CVA framework represents the conclusion of outstanding policy work related to the Basel III framework.
July 8, 2020The revised Bill introduces a new category of credit reporting information, enabling hardship information to be reported alongside repayment history.
December 9, 2019Banking association says new regime needs a way to flag special circumstances in credit histories to prevent discrimination against customers.
March 9, 2018The Reserve Bank of India has written to the finance ministry in opposition to its plan to use gold deposits as bank cash reserve ratio.
June 26, 2015