The RBA said ASX has been operating at a "heightened level of overall risk level for an extended period" and this needs to be addressed "promptly".
October 10, 2023The BCBS report identifies recurring themes from the bank failures, supervisory and regulatory takeaways, and follow-up work.
October 6, 2023US, UK, and Swiss regulators took coordinated action to punish the "unsafe and unsound" risk management practices at Credit Suisse.
July 25, 2023For APRA's enforceable undertaking, Bank of Queensland has to set aside an extra A$50mn in regulatory capital.
May 31, 2023The guidance covers operational risk management, remote booking risk management, and data risk management, based on a thematic review.
April 4, 2023Foreign shareholders can own up to 25% of a virtual bank. A BOT waiver raises this to a 49% limit. Three licences will be granted next year.
January 13, 2023APRA shares the results of a survey that sought views from employees at 18 ADIs on their risk management practices.
November 12, 2022APRA identified issues with RACQ’s risk and compliance framework and practices, unclear accountabilities, and an "immature risk culture".
October 13, 2022The A$1bn capital add-on imposed on CBA in May 2018 was halved in November 2020, and has now been completely removed.
October 3, 2022DTCC outlines steps firms should take to prepare for the emergence of new post-quantum cryptography standards. Final standards are scheduled for 2024.
September 23, 2022