The RBI has asked banks to disclose more information when "Other Liabilities and Provisions" and "Other Assets" items exceed 1% of total assets.
December 22, 2022PPF providers are a type of stored value facility provider. The proposed changes are part of a broader review of APS 610.
November 17, 2022Accounting guidance issued in March has reportedly forced US listed banks that were building out crypto offerings to suspend their plans.
September 24, 2022An accounting loss of A$36.7bn depleted the RBA's reserve funds and left it with a negative net equity position of A$12.4bn.
September 22, 2022APRA says it will receive all data collections through APRA Connect by 2027, and regulated entities should prepare by exploring automation opportunities.
April 1, 2022The CBIRC warns consumers against marketing scams, illegal fundraising and fraud in the loans and insurance sectors.
January 28, 2022To 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, 2021Indemnities 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, 2021Banks 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, 2021The 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