All posts tagged "concentration risk"
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43Asia-PacificASIFMA Calls for Harmonised Approach to Public Cloud Regulation
Varying regulatory approaches across jurisdictions pose significant challenges to FIs trying to implement the public cloud as part of their global strategy.
March 2, 2021 -
115Australia & NZPandemic Provides Key Lessons on Outsourcing Risk: APRA
Speaking at a virtual event hosted by GARP, APRA’s Sean Carmody said the pandemic highlighted financial industry dependencies on certain third-party providers.
February 25, 2021 -
106Capital RegulationCBIRC Imposes Further Restrictions on Online Lending by Banks
New rules require banks to contribute no more than 70 percent of the capital when providing loans through an online lending platform.
February 23, 2021 -
106Capital RegulationMAS Proposes Revisions to Requirements for Insurers
MAS proposes to enhance the current requirements relating to enterprise risk management, investment risk management and disclosure practices.
February 23, 2021 -
134Capital Regulation
CBIRC Issues Draft Rules for Banks on Managing Liability Quality
The draft rules set out six aspects of debt quality management that banks will have to incorporate in their systems, as part of efforts to prevent risks.
January 29, 2021 -
366AML / KYCSFC, HKMA Offer Clarity on Product Disclosure, Suitability Obligations
The SFC and HKMA say firms may adopt a risk-based approach to streamline the provision of product disclosures for sophisticated or experienced investors.
December 30, 2020 -
1.3KBig PictureFSB Advances Dialogue on Outsourcing, Third Party Relationships
An outage or failure at a single third party could create a single point of failure with potential adverse consequences for financial stability, the FSB says.
November 10, 2020 -
571IndiaRBI Allows Formation of New Umbrella Entities for Retail Payments
The framework allows private firms to apply to set up a new umbrella entity to operate retail payment systems. Currently, only the NPCI operates such an entity.
August 19, 2020 -
525Capital Regulation
UPDATE – RBI Tightens Scrutiny of Urban Cooperative Banks
The RBI is tightening exposure limits, mandating that a larger proportion of loans come from small borrowers, and requiring bigger UCBs to report large exposures on a quarterly basis.
December 31, 2019 -
877Big Picture
No Immediate Financial Stability Risks from Cloud Services: FSB
While no immediate financial stability risks have been identified, there may be new issues to consider given the scale of services provided via the cloud and the small number of globally dominant players.
December 10, 2019
