Banks 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, 2021Taiwan was praised for easing rules on loan-loss reserves for foreign bank branches and for allowing foreign institutional investors to invest in ETFs.
June 21, 2021The report recognises the actions of central banks, financial authorities and regulatory agencies amid the pandemic, saying they were critical in stabilising markets.
May 27, 2021Principal payments of all loans of eligible corporate borrowers falling due between 1 May and 31 October 2021 should be deferred by a further six months.
March 5, 2021Financial institutions can add back a portion of their Stage 1 and Stage 2 provisions for ECL to Tier 1 capital over a four or three year period.
December 10, 2020