All posts tagged "Creditworthiness"
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239ChinaChina: New Rules Issued to Address Unreliable Bond Ratings
The rules require credit rating agencies to strengthen their methodologies and systems, improve corporate governance, and avoid conflicts of interest.
August 8, 2021 -
284ChinaICBC Extends Loan to Huarong to Pay Offshore Bond
The CBIRC had asked banks not to withhold loans from Huarong for at least six months, to help the company refinance its debt.
April 30, 2021 -
234Australia & NZAustralia Passes Mandatory Comprehensive Credit Reporting Bill
Banks 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, 2021 -
470Big PictureRegulatory Intervention Needed for JPY LIBOR Transition – Fitch
Japan’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, 2021 -
2.3KBig Picture
ESG Risk Disclosure Standards Would Support Bank Stress Tests – Fitch
Ratings agency puts case for integration of ESG risks into financial reporting using “common set of internationally comparable metrics”.
November 2, 2020 -
1.2KAsia-PacificBSP to Stimulate SME Lending with New Credit Risk Database
The 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 -
1.7KEuropeEBA Launches Industry Survey on RegTech Adoption
The EBA is looking to identify the main barriers and risks of using RegTech and potential ways to support its uptake across the EU.
August 13, 2020 -
1.2KFeatureSingapore to Develop Metrics to Assess Fairness of AI-driven Decisions
UOB and Element AI will develop fairness metrics for credit risk scoring; HSBC, IAG Firemark Labs and Gradient Institute will develop fairness metrics for customer marketing.
May 28, 2020 -
682Big PictureTaken Too Far, Banking Policy Relaxations Could Backfire
In a new paper, the BIS’s Fernando Restoy and Claudio Borio offer three important principles to guide the assessment of Covid-19 related policy adjustments.
April 17, 2020 -
816Capital RegulationBCBS Issues Guidance on Treatment of Loans Under Relief
IFRS 9 should be applied flexibly rather than mechanistically when estimating ECL, and payment moratorium periods can be excluded from the counting of days past due.
April 6, 2020
