All posts tagged "Covid-19"
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47Capital RegulationBOJ Warns of Higher Credit Costs, Market Risks
In its financial system report, the BOJ said the delayed economic recovery is raising credit risks, particularly in the highly-leveraged real estate sector.
October 28, 2021 -
95FeatureHK to Maintain Covid Restrictions Despite Plea from FIs – Report
A government spokesperson reportedly said the city continue to strive to reach ‘zero infection’ and the top priority remains reopening travel to the mainland.
October 27, 2021 -
160FeatureHK Financial Sector Calls for Easing of Covid Restrictions
Nearly half of surveyed FIs are considering moving staff or functions away from Hong Kong due to operational challenges, including travel and quarantine uncertainty.
October 26, 2021 -
166FeatureMAS Consults on Revisions to BCM Guidelines
The guidelines emphasise the need for FIs to take an end-to-end view in ensuring the continuous delivery of critical business services and functions.
October 23, 2021 -
165Capital RegulationBCBS Reports Basel Adoption Progress Despite Covid Disruptions
All jurisdictions now have final rules in force for the CCyB, following implementation in China. Three more jurisdictions have adopted the final TLAC rules.
October 18, 2021 -
131MalaysiaMalaysia Announces Relief for Low Income Borrowers
Lower income borrowers can access interest exemptions for three months, smaller loan instalments for up to 24 months, and lower interest rates.
October 15, 2021 -
143SingaporeMAS Tightens Monetary Policy Amid Inflation Concerns
MAS will slightly raise the slope of the S$NEER policy band to ensure medium term price stability while recognising the risks to the economic recovery.
October 15, 2021 -
141FeatureFSB Reports Progress on NBFI Risks, Cross-border Payments
A letter to the G20 ministers from the FSB focuses on work to develop a more resilient NBFI sector and address challenges in cross-border payments.
October 12, 2021 -
173EnforcementUS Inspector General Probes Fed Officials’ Stock Trades
The Office of Inspector General will conduct an independent review to determine whether Fed officials violated ethics rules and the law.
October 6, 2021 -
273FeatureSFC Issues New Guidance on Remote Working Risks
The SFC describes incidents that occurred due to failures to split teams amid the pandemic, set up phone recording, and promptly isolate a server compromised by ransomware.
October 5, 2021
