Agencies: Amid ‘Elevated’ Risk, Banks Improve Leveraged Loan Risk Management
The share of low-rated commitments in the Shared National Credit portfolio rose slightly between 2018 and 2019, according to the SNC Review released today.
Browsing: Risk management
The Demographic Hurricane Makes Landfall
U.S. birth and marriage rates—and the life expectancy of its young people—are falling. How should banks respond to America’s demographic disaster?
Fed Official: No Near-Term Plans for Climate Risk Weights, Stress Tests
Amid greater attention by policymakers worldwide to financial risks associated with climate change, a senior Federal Reserve official today said that the agency has no “near-term” plans to conduct climate stress tests or impose climate-related risk weighting on assets.
What Risk Managers Need to Know about Cloud Migration
Shifting bank technology functions to the cloud has many benefits for banks—but managing the risks requires a different framework.
FDIC’s ‘Supervisory Insights’ Highlights CRE Risk Governance
With the volume of commercial real estate loans held by FDIC-insured banks reaching a record of $2.4 trillion in 2019, the FDIC is focusing on CRE risk management.
SEC Adopts Changes to Security-Based Swaps Rules
The Securities Exchange Commission today finalized a package of proposed changes and guidance related to the regulation of cross-border security-based swaps, including single-name credit default swaps.
ABA: Agencies’ Proposed Credit Risk Review Guidance Is Overly Prescriptive
Regulators’ proposed changes to interagency guidance on credit risk review systems are “either too broad or overly prescriptive,” and could impose a significant cost burden on smaller institutions, the American Bankers Association warned in a comment letter today.
Amid Strong Conditions, OFR Flags Cyber Threats, Corporate Debt
The Treasury’s Office of Financial Research flagged corporate credit, market, macroeconomic and cyber risk as elevated concerns in its annual financial stability report today.
Trade Groups Support Proposed Changes to Swap Margin Rules
The American Bankers Association joined several industry groups in a comment letter to the financial regulatory agencies this week supporting a long-awaited change to swap margin rules that would remove the requirement for covered swap entities to collect initial margin from affiliates.
Regulators Discuss Trends in BSA/AML Compliance Risks
When conducting recent examinations for Bank Secrecy Act/anti-money laundering compliance, regulatory officials flagged deficiencies in risk assessments, a need for more maturity in compliance systems and processes and data integrity issues, particularly as a result of mergers, as areas of concern during a panel discussion at the American Bankers Association/American Bar Association Financial Crimes Enforcement Conference in Washington, D.C., today.