APAC banking groups are well-prepared due to prevailing conservative regulatory approaches and less extensive use of internal models within the region.
March 26, 2024The HKMA said the revised market risk and CVA risk capital frameworks will come into effect “on a day to be appointed”, but intended to be 1 January 2025.
March 18, 2024The proposals are based on the Basel standards, applying a 1,250% risk weight to so-called Group 2b cryptoassets.
February 8, 2024The rules published in the gazette are to implement Basel III components including the revised credit risk framework and the output floor.
December 30, 2023The statement covers the standards for market risk, CVA risk, counterparty credit risk, and operational risk. A second release in Q2 2024 will cover the remaining elements.
December 14, 2023With MAS implementing the last phase of Basel III requirements from July 2024, local banks have installed strong controls and programmes to ensure compliance.
December 5, 2023Implementation will be deferred to 1 January 2025 in light of other countries also postponing implementation.
November 22, 2023S&P Global Market Intelligence was awarded Best FRTB Solution for its Traded Market Risk solution.
November 14, 2023The standards on credit risk, operational risk, market risk, CVA risk and the output floor will take effect on 1 January 2025.
November 11, 2023The new rules revise how risk weights are measured, enhance supervision of the banking sector and improve information disclosure requirements.
October 27, 2023