The initiatives seek to mitigate risks related to financial stability, insolvencies, scams, and virtual assets, while also promoting innovation and fintech.
February 1, 2023Due for implementation in Q4, the new system will apply an industry-wide common standard to investment product risk ratings to improve reliability and comparability for investors.
January 30, 2023ISDA says the definitions set clear provisions for execution and settlement and will help to reduce credit and market risk in digital asset trading.
January 27, 2023FIs are asked to provide feedback and complete an accompanying Quantitative Impact Study reporting template.
January 25, 2023The ECB identified "material shortcomings" in how banks manage counterparty credit risks. Banks should "promptly address weaknesses".
January 19, 2023Indian banks currently still use the incurred loss model, which the RBI says delays NPA identification, loan reclassification, and provisioning.
January 17, 2023Banks won't need approval to exclude credit exposures from the SBL if they are covered by credit risk transfer arrangements such as guarantees or credit derivatives.
January 10, 2023RBI stress tests for credit risk showed that commercial banks can meet minimum capital requirements even under severe stress situations.
January 8, 2023The RBI said it is engaging with European regulators and discussing "alternate arrangements" to avert a market disruption that could result from ESMA's derecognition of Indian CCPs.
January 6, 2023Revised SPM illustrates the HKMA’s approach to the supervision of emerging risks such as climate risk under its risk-based supervisory approach.
December 30, 2022