The new platform introduces margin requirements based on individual stock volatility, instead of a flat margin rate across all securities.
June 14, 2022The information package will help clearing participants make final preparations for the launch of the new new risk engine on 13 June.
June 9, 2022Without early action, the UK's largest banks and insurers would suffer climate-related losses worth $418bn by 2050.
May 25, 2022The VaR Platform will replace the existing flat-rate model for calculation of margin and HKSCC Default Fund contributions.
May 18, 2022The IMF's Global Bank Stress Test shows that banks can generally absorb large shocks from a capital perspective, though some in emerging markets face greater risks.
April 8, 2022The IMF says Hong Kong authorities should strengthen analysis of Mainland-related credit risks, and ensure internal models used by local banks are sufficiently forward-looking.
March 10, 2022Effective and efficient ESG risk management and reporting practices can be enabled through better data and technology, says Steven Yankelson.
March 9, 2022The HKMA has also finalised its guidance on climate risk management, giving banks until end-2022 to implement the new measures.
January 3, 2022The FSS has introduced a guideline on the management of climate risks in the financial sector. Meanwhile, a green finance handbook will be finalised for publication next year.
December 10, 2021The potential for further credit quality deterioration remains, especially if downside risks from the pandemic materialise and cause prolonged disruptions to economic activity.
December 7, 2021