The RBI said the revisions will enhance the quality of financial reporting, bolster the corporate bond market, and strengthen bank risk management.
September 15, 2023The FSS has formed a task force to support the industry in making determinations on whether virtual assets are securities.
February 15, 2023Trust companies will have to divide their businesses into specific categories and ensure those businesses stay within the boundaries of their classifications.
January 6, 2023The SRI Taxonomy provides universal guiding principles for the classification of economic activities that qualify for sustainable investment.
December 13, 2022The taxonomy classifies coins and tokens based on how they are used to facilitate digital asset portfolio analysis, monitoring, benchmarking, and risk management.
November 8, 2022Japan Bankers Association says the proposed infrastructure risk add-on will discourage banks from developing new DLT businesses.
October 4, 2022Regulators are also developing guidance on Malaysia's taxonomy, exploring blended finance solutions, and developing a catalogue of climate risk data sources.
September 2, 2022IFRS 9 will prompt a one-off increase in banks' loan-loss provisioning, diminishing shareholder capital. Banks will also be pressured by increased taxes.
July 19, 2022The largest gaps are for biophysical impact, emissions and geospatial data types, which affect use cases such as investment and lending decisions and exposure quantification.
July 8, 2022Climate risk management will be a standing item in annual prudential meetings with banks. The CAMEL rating framework will be updated.
July 1, 2022