The two new tools are more market-based versions of measures that have already been in place to help small and micro enterprises.
January 4, 2022Under new draft rules, banks are required to reduce interest and fee charges, prevent excessive credit usage, and better control credit risk in card operations.
January 3, 2022The proposal will make use of electronic payments directly from bank to bank, rather than routing payments for large property transactions through law firms.
December 31, 2021The RBA's Jonathan Kearns said banks need to continue to address evolving risks, as they can morph into systemic risks with potentially dire consequences.
December 23, 2021The HKMA proposes to implement almost all the Pillar 3 disclosure requirements, including leverage ratio and market risk disclosure requirements.
December 23, 2021Moody's Analytics addresses wholesale market needs to optimise credit and financial risk practices through the end-to-end credit life cycle.
December 10, 2021Legal clarity across jurisdictions would support the drafting of standardised documentation for a voluntary carbon credit OTC derivatives market.
December 7, 2021Requirements on the perpetual bond issuance have been revised and credit rating requirements for bond investments have been eased.
November 30, 2021The FSA published the principles to catalyse further development of model risk management practices in the industry and prevent risk.
November 23, 2021The principles offer guidance for banks on corporate governance, internal control frameworks, risk management, risk reporting, and scenario analysis, among other areas.
November 17, 2021