Hong Kong official Christopher Hui says regulations for banks and money lenders on providing unsecured credit already cover BNPL services.
June 5, 2022Two new reports shed light on the extent to which climate risks are taken into account by FIs and affect credit ratings.
May 24, 2022The consultation will feed into an impact assessment being prepared this year to evaluate whether a policy initiative on ESG ratings is needed.
April 14, 2022ESMA has identified four elements of climate risk that may adversely impact CCPs - physical risk, rapid transition risk, business risk, and collateral replacement risk.
March 2, 2022The rules require credit rating agencies to strengthen their methodologies and systems, improve corporate governance, and avoid conflicts of interest.
August 8, 2021The CBIRC had asked banks not to withhold loans from Huarong for at least six months, to help the company refinance its debt.
April 30, 2021Banks will have to report expanded information about the credit history of their customers to credit agencies, paving the way for more competition in the lending market.
February 8, 2021Japan’s decision to keep TIBOR may slow the adoption of TONA, lengthening the time needed to generate liquidity in TONA derivatives and establish forward-looking TONA rates.
January 26, 2021Ratings agency puts case for integration of ESG risks into financial reporting using “common set of internationally comparable metrics”.
November 2, 2020The database will use financial statements and loan default information held by financial institutions to generate credit scores and better estimate default risk.
October 29, 2020