The new calculation methodology will end the use of ‘expert judgement’ to determine the Euribor rate. Panel banks will start migrating around mid-May 2024.
March 9, 2024Many banks have stopped providing mortgages for confirmor transactions, due to signs that speculative interest is reemerging in the property market.
March 7, 2024A higher loan loss provisioning ratio will apply to exposures to the construction and real estate industries.
February 22, 2024Deloitte Regulatory Outlook says financial firms should be proactive in assessing capital adequacy and liquidity.
February 14, 2024Hazel Ilango discusses the need for a more sustainable, relevant and effective credit rating system that better accounts for climate-related risks.
August 21, 2023Banks must classify "all financial assets that bear credit risk" according to the degree of risk, including bond investments, interbank assets, receivables, and off-balance-sheet assets.
February 13, 2023Central clearing makes OTC derivatives trading safer, more efficient, and more competitive for participants, FSC chair Huang Tien-mu said at the launch ceremony.
July 27, 2022SOR will now end 18 months later to reflect the IBA's plans, but the transition to SORA in cash products and derivatives markets will continue at pace.
February 3, 2021Three former banking regulators were expelled from the CCP and referred for criminal prosecution for accepting bribes and contributing to Baoshang Bank’s failure, among other violations.
January 28, 2021Baoshang Bank will become the first commercial bank to go bankrupt in China in almost 20 years. Earlier this month, regulators deemed the bank to be non-viable.
November 24, 2020