All posts tagged "Operational Risk"
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80Australia & NZAPRA Wants Banks to Be Ready for Potential Negative Rates
APRA proposes to introduce new expectations for banks requiring them to prepare for scenarios where interest rates fall to zero or turn negative.
July 14, 2021 -
126Big PictureFSB Takes Stock of Covid-19 Lessons on Financial Stability
Covid-19 may yet test the resilience of the global financial system, as lenders could still face additional losses as support measures are unwound, the FSB warns.
July 14, 2021 -
167Asia-PacificCitadel Securities Offers Best Practices to Address Exchange Outages
Common issues that have compounded the impact of recent outages continue to be largely overlooked by some exchanges.
June 25, 2021 -
267Capital RegulationHKMA Defers Implementation of Basel III Capital Standards
Banks have an additional six months to implement the revised frameworks on credit risk, operational risk, output floor and leverage ratio. The market risk and CVA risk frameworks are also deferred.
June 11, 2021 -
306FeatureSFC, HKMA Instruct Regulated Firms to Promote Vaccinations
The SFC says vaccinations are a critical part of operational risk management. The HKMA is requiring banks to submit a list of unvaccinated staff.
June 3, 2021 -
225FeatureMAS Issues Consultation Response on Credit Reporting Regulations
Licensed credit bureaus will be required to establish a Code of Conduct and comply with requirements on technology risk management and cyber security.
June 1, 2021 -
164Australia & NZ
APRA Sets Launch Dates for New Data Collection Tool
The test environment will be available from 17 June and production environment from 13 September. ADIs have to maintain BEAR information in APRA Connect from September.
May 19, 2021 -
209ChinaAnt Group Money Market Fund Shrinks to Four-Year Low
In response to regulatory pressure, Ant Group has been urging investors through in-app notifications to switch to other funds.
April 28, 2021 -
236FeatureHKMA Directs Banks to Prepare for OpRisk Rule Updates
The HKMA plans to revise its SPM module on Operational Risk Management to incorporate elements of the revised PSMOR issued by the BCBS.
April 23, 2021 -
240InternationalFMSB Offers Guidance on Transitioning LIBOR Back Book
The Spotlight Review examines back book transition complexities through practical case studies and sets out key considerations for managing the associated risks.
April 21, 2021
