All posts tagged "Systemic Risk"
-
321AML / KYCPBOC Proposes to Tighten Oversight of Non-bank Payments Firms
If the PBOC identifies a non-bank payment institution as a monopoly, it can advise the State Council's antitrust committee to take action to break up the firm.
January 22, 2021 -
659ChinaCBIRC Penalises State-owned Financial Institutions and Subsidiaries
ICBC, China Development Bank, Great Wall, and Postal Savings Bank and a number of their subsidiaries were penalised almost 200mn yuan for various regulatory violations.
January 11, 2021 -
376Capital Regulation
PBOC, CBIRC Impose New Caps on Property Lending by Banks
Loans to developers by large banks have been capped at 40% of total loans. Mortgages have been capped at 32.5% of total loans.
January 5, 2021 -
363Australia & NZAPRA to Maintain Zero Percent CCyB Through to End-2021
APRA cites “the risk of further stresses to come” as a determining factor, including the threat of new Covid-19 outbreaks and the withdrawal of financial assistance measures.
December 21, 2020 -
530Capital Regulation
PBOC, CBIRC Finalise D-SIBs Assessment Framework
The framework will take effect from 1 January 2021. The additional regulatory requirements for D-SIBs have not yet been announced.
December 7, 2020 -
343ChinaChina Crackdown Brings Number of Active P2P Lenders to Zero
Chinese media reports that the number of P2P lenders has now fallen to zero, down from a peak of almost 6,000 such firms in 2017.
December 3, 2020 -
591Capital RegulationFSB Finalises Guidance on Assessing CCP Financial Resources
The guidance will support jurisdictions and authorities in determining whether there is a gap in the resources and tools available for CCP resolution.
November 17, 2020 -
1.4KBig Picture
FSB Advances Dialogue on Outsourcing, Third Party Relationships
An outage or failure at a single third party could create a single point of failure with potential adverse consequences for financial stability, the FSB says.
November 10, 2020 -
773Capital Regulation
Key Risks to Financial System Have Been Contained: PBOC
However, the PBOC believes the world economy is still in a period of deep adjustment, amid concerns that the risk of debt defaults has increased.
November 9, 2020 -
916Capital Regulation
PBOC Issues Draft Law Aimed at Modernising Central Bank System
The draft law expands the PBOC's role in preventing financial risks, assigns it responsibilities to society, and provides a legal basis for its CBDC, among other changes.
October 28, 2020
