Indian banks currently still use the incurred loss model, which the RBI says delays NPA identification, loan reclassification, and provisioning.
January 17, 2023Authorities should adopt a positive CCyB rate in normal times. A report evaluating the impact and effectiveness of implemented Basel reforms has also been released.
October 7, 2022The guidelines will help to standardise banks' practices for valuing financial instruments and improve the comparability of reported financial indicators.
August 16, 2022IFRS 9 will prompt a one-off increase in banks' loan-loss provisioning, diminishing shareholder capital. Banks will also be pressured by increased taxes.
July 19, 2022Banks were initially due to use the ECL approach to estimate and provision for credit losses from 1 April 2018, but the RBI had deferred implementation.
June 28, 2022The rules will address differences in how banks have implemented the ECL method, and prevent its use as a "tool" to adjust profits.
May 23, 2022Supervisors are concerned that residual support measures may be masking true credit risk conditions in the banking sector, the BCBS says.
March 8, 2022HKEX has referred cases to the SFC involving newly listed issuers entering investments or arrangements with the professional parties who helped them list.
February 2, 2022The HKMA has also finalised its guidance on climate risk management, giving banks until end-2022 to implement the new measures.
January 3, 2022The FSB emphasises a need to ensure that regulatory frameworks allow for the financial sector to harness the benefits of innovation while containing the related risks.
November 2, 2021