Any major operational risk event that occurs must be reported to the SAC on the same day, along with related impacts and response measures.
December 7, 2023ADB evaluated Korea's climate risk management and supervision strategy and believes it should be introduced as a best practice in the region.
November 29, 2023Regulation Asia held its sixth annual Awards ceremony on 14 November 2023. Here we explain our methodology and announce the winners for the year.
November 15, 2023Banks dealing with hedge funds and family offices should set up daily monitoring and additional risk control processes to manage those CCR exposures.
October 21, 2023The IMF calls for better stress testing practices, higher international standards, and lending facilities to enhance bank resilience.
October 17, 2023The EBA proposes to include environmental and social risks in the frameworks for credit, market and operational risks.
October 16, 2023The 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 conceptual note proposes five different climate scenario narratives to underpin the short-term dynamics associated with various transition and physical impacts.
October 7, 2023Principles announced by Treasury Secretary Janet Yellen put emphasis on Scope 3 reporting from financial institutions and measurable targets.
October 6, 2023The proposed guidance makes clear that effective liquidity risk management is a legal obligation of MIS managers and supervisors.
October 2, 2023