The FSB will instead use assessments available through the IAIS Holistic Framework to inform its considerations of systemic risk in the insurance sector.
December 12, 2022The FSB said resolution planning for G-SIBs is maturing but more progress is needed on the development of resolution plans for CCPs and insurers.
December 9, 2022Resolution planning work will be prioritised for D-SIBs and other locally incorporated banks with total consolidated assets of more than HKD 150 billion.
July 26, 2022The HKMA expects banks to be able to model liquidity and funding needs in a resolution scenario over various time horizons.
January 16, 2022The FSB says work is under way to build up external TLAC for the four Chinese G-SIBs, but that all other G-SIBs report that they already meet or exceed the final TLAC requirement.
December 8, 2021The FSB identifies good practices to help authorities enhance their preparedness for the management and resolution of a crisis affecting a G-SIB.
December 2, 2021JP Morgan, BNP and Goldman have moved to higher buckets, meaning they will have to hold larger capital buffers from 1 January 2023.
November 24, 2021Financial institutions will be required to submit their first recovery plans within 18 months from the date they receive a request from BNM.
July 31, 2021Bank capital adequacy could fall to 11.7% by 2022 in a baseline scenario, 9.3% in an adverse scenario, and 4.9% in a severe adverse scenario.
April 20, 2021G20 Finance Ministers and Central Bank Governors committed to avoiding any premature withdrawal of Covid-19 support measures, in line with the FSB’s recommendations.
April 12, 2021