All posts tagged "financial risk"
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441AML / KYCCCDI Draws Lessons on Corruption from Ex-ICBC Bankers
The two ex-bankers have relaxed risk controls and used customised rules to facilitate loan approvals for certain borrowers in exchange for bribes.
November 8, 2021 -
277AML / KYCCCDI Official Offers Glimpse of PBOC-linked Corruption Cases
Financial corruption and financial risks are intertwined, said senior inspector Xu Jiaai, speaking about corruption cases involving PBOC officials.
November 7, 2021 -
698MalaysiaBNM Issues New Regulatory Requirements for Merchant Acquirers
The new requirements will ensure merchant acquiring services have measures in place to manage settlement risk, financial risk, fraud risk, technology risk and cyber risk.
September 23, 2021 -
274InternationalFSB Urges Greater Coordination on Climate-related Risks
The interconnected nature of climate-related financial risks and the growing body of work to address them reinforce the need for coordinated action, the FSB says.
July 8, 2021 -
189KoreaBOK to Continue Bond Market Support, Scale Back Monetary Measures
The BOK is concerned that growing financial risks, household debt, and higher inflation could spark a new crisis.
July 2, 2021 -
261China
PBOC Tightens Rules on Managing Customer Funds for Payment Firms
Customer reserve funds must be deposited either at the PBOC or with an eligible commercial bank, and transferred only through a clearing institution.
January 28, 2021 -
789China
PBOC, CBIRC Restrict Online Sale of Deposit Products by Banks
The PBOC and CBIRC have formally barred banks from selling personal fixed deposit products online via third party platforms, citing regulatory violations.
January 19, 2021 -
2.1KInternationalNGFS Seeks Wider Adoption of Environmental Risk Analysis at FIs
The NGFS is calling for wider use of ERA in the financial industry, offering case studies to showcase the adoption of ERA tools and methodologies by some FIs.
September 11, 2020 -
707China
China to Revise Central Bank Law This Year
The revisions will likely expand the PBOC's statutory responsibilities to include macro-prudential management, financial risk oversight, financial infrastructure and financial holding companies.
May 27, 2020 -
579Capital RegulationSFC to Push Ahead with New Cap on Margin Financing
From 4 October, margin loans will be capped at five times capital, despite appeals from brokerage firms to postpone the new rules by one year.
September 30, 2019
