All posts tagged "Liabilities"
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188Asia-PacificBangladesh Bank Issues Guidelines on ‘Experimental’ IRRBB Adoption
To facilitate the full implementation by 30 June 2024, banks are asked to arrange for the experimental adoption of the guidelines by 30 June 2021.
April 20, 2021 -
372Australia & NZAPRA Warns ADIs of Risks from Indemnities in Divestment Transactions
Indemnities provided to acquiring entities as part of divestment transactions should be capped and time bound. Operational risk capital should be held to reflect the level of risk.
March 24, 2021 -
349Asia-PacificBSP Issues Guidance on Reporting of LIBOR Exposures
Banks are required to report on all derivatives, as well as assets and liabilities that are interest-bearing, even where there is no LIBOR or PHIREF exposure.
March 5, 2021 -
311Capital RegulationCBIRC Issues Draft Rules for Banks on Managing Liability Quality
The draft rules set out six aspects of debt quality management that banks will have to incorporate in their systems, as part of efforts to prevent risks.
January 29, 2021 -
358Australia & NZASIC Demands Better Practices to Improve Audit Quality
ASIC is currently considering or progressing enforcement action for auditor misconduct in twelve cases, as part of efforts to improve audit quality.
December 30, 2020 -
994JapanBOJ, FSA Again Urge FIs to Step Up Preparation for LIBOR Transition
Financial institutions are urged to continue to take the necessary steps to ensure a smooth transition from LIBOR, even as they allocate resources to support Japanese businesses and households.
July 24, 2020 -
1.5KFeatureHKMA Survey Highlights LIBOR Transition Challenges
About HK$1.4tr in assets, HK$0.5tr in liabilities, and HK$14.7tr in derivatives still referencing LIBOR will mature after end-2021 and don't have fallbacks in place.
April 24, 2020 -
751Japan
BOJ, FSA Publish Findings on LIBOR Transition Progress
About 50% of the 6.3 quadrillion yen in notional derivatives referencing LIBOR will mature after 2021, but "very few" contracts incorporate fallback provisions.
March 16, 2020 -
782ChinaChina Launches Nationwide Investigation into Enterprise Bonds
Following a record number of defaults in 2018, China’s state planning agency is launching an investigation into bonds issued by state owned-enterprises.
February 15, 2019 -
551IndiaRecent Fraud Prompts India Trade Finance Freeze
RBI audit of bank liabilities forces freeze on new letters of credit; foreign lenders reluctant to accept guarantees from Indian banks.
March 3, 2018
