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CAPITAL / LIQUIDITY
Enforcement
APRA Reduces Westpac’s Operational Risk Capital Add-on
By Sanday Chongo Kabange | 19/07/2024
APRA reduced Westpac’s A$1bn operational risk capital add-on by half in response to progress made to address risk governance concerns.
Crypto / Digital Assets
BCBS Publishes Final Standards for Bank Crypto Exposures
By Manesh Samtani | 17/07/2024
The BCBS published final amendments to the prudential standard and the final disclosure framework for banks’ cryptoasset exposures.
Capital / Liquidity
BCBS Finalises Targeted Adjustments to IRRBB Standard
By Editors | 17/07/2024
The BCBS adjusted the specified interest rate shocks in the IRRBB standard and the methodology used to calculate the shocks.
Enforcement
FSS Korea Launches Bank Inspections to Assess Lending
By Editors | 16/07/2024
The FSS will assess whether banks are managing loans appropriately and complying with the DSR limits and other regulations.
Capital / Liquidity
China’s Liaoning Province Merging 36 Banks Into One Institution
By Manesh Samtani | 15/07/2024
Liaoning Rural Commercial Bank is absorbing 25 rural commercial banks and 11 village banks as part of a central government plan to reform the rural credit system in China.
Capital / Liquidity
Japan FSA Establishes Specialist Team at Kirayaka Bank
By Editors | 14/07/2024
The specialist team will provide advice to the troubled bank on management restructuring and improving its loan screening system.
Capital / Liquidity
Korea Approves Resolution Plans, Announces D-SIBs List
By Manesh Samtani | 14/07/2024
The FSC said future resolution plans need to include measures to address possible IT service interruptions and bank runs.
Capital / Liquidity
RBI Red Flags Bank Accounts Used for Fraud and Evergreening
By Ajoy K Das | 12/07/2024
Banks should rationalise accounts and enforce stringent control measures through proper reporting to the audit committee of the board, said Swaminathan.
Capital / Liquidity
RBI Permits Banks to Use Ratings by Brickwork Ratings India
By Ajoy K Das | 12/07/2024
SEBI had cancelled Brickwork’s registration as a CRA in 2022, but the central bank now has allowed banks to use its ratings for loans up to INR 2.5 billion.
Capital / Liquidity
Bangladesh Bank Issues External Auditor Rules for Banks
By Ajoy K Das | 10/07/2024
The central bank has stipulated that an external auditor appointed by a bank cannot audit the same bank for more than three consecutive years.
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