Asia-Pacific
Singapore’s MAS proposes updated liquidity risk guidelines
29 Aug 2025: The Monetary Authority of Singapore (MAS) has released a consultation on updated Guidelines for Liquidity Risk Management, aimed at banks, merchant banks, and finance companies. Building on the 2013 framework, the proposed guidelines align with Basel Committee principles and incorporate lessons from supervisory reviews and global liquidity stresses. MAS seeks feedback on clarity, additional risk dimensions, and the proposed six-month transition timeline, with submissions due 29 September 2025.
HKMA consultation on stress-testing policy manual module
28 Aug 2025: Hong Kong Monetary Authority (HKMA) has issued a consultation on revisions to its Supervisory Policy Manual module IC-5, which governs stress-testing for banks. The consultation invites industry feedback on proposed updates to stress-testing expectations and methodologies.
ACRA & SGX extend climate reporting timelines
25 Aug 2025: Singapore’s ACRA and SGX RegCo announced extensions to climate-related reporting obligations for listed and large non-listed companies. While Scope 1 and 2 GHG emission reporting remains mandated from FY2025, Scope 3 emissions and broader ISSB-based disclosures for smaller firms have been deferred to FY2028 or FY2030, depending on market cap. External assurance requirements have been pushed to FY2029, easing the near-term burden amid economic uncertainty.
APRA consultation on minor updates to the prudential and reporting framework for ADIs
25 Aug 2025: The Australian Prudential Regulation Authority (APRA) has released for consultation a few minor updates to the prudential and reporting framework for authorized deposit-taking institutions (ADIs), general, life and private health insurers and registrable superannuation entity (RSE) licensees. This consultation is part of the minor framework update process, intended to ensure technical and clarifying changes to the prudential framework can be made in a timely manner. The proposed amendments are primarily technical clarifications and do not present any material change in policy settings. Submissions are requested to be provided no later than 22 September 2025.
Europe and the UK
FCA issues key IFPR compliance reminders and guidance for investment firms
1 Sep 2025: The Financial Conduct Authority (FCA), in its latest IFPR newsletter, urged MiFID investment firms to promptly update the FCA on changes to investment firm groups using the MIFIDPRU 2 Annex 8R form. The newsletter clarified that only LLP profits available for unrestricted and immediate use may qualify as CET1 capital, depending on the LLP agreement. It also provided guidance on calculating K-factors, especially K-AUM, and highlighted common MIF007 reporting errors, notably around OFTR and LATR. Firms were reminded that the small companies’ exemption for unaudited accounts does not apply universally. While no deadlines were set, the FCA emphasized the urgent need for firms to review and correct their prudential reporting and notification processes to ensure compliance.
EBA updates data for identifying Global Systemically Important Institutions (G-SIIs)
26 Aug 2025: The European Banking Authority (EBA) released updated indicators and supporting data for the thirty-two largest EU institutions with leverage ratio exposures above EUR 200 billion. The update, part of an annual process, enhances transparency for identification under the Banking Union and SRM and includes user-friendly tools for stakeholder analysis.
ISDA-Led industry group urges BCBS to recalibrate crypto asset framework
25 Aug 2025: ISDA, alongside major trade associations and with advisory support, sent a letter to the Basel Committee (BCBS) urging a delay and recalibration of the crypto-asset exposures standard (SCO60). The industry coalition argues that current capital treatment is unduly punitive and misaligned with actual market risks. Recommendations include revising classification rules, reassessing stable coin treatment, and permitting internal models. The submission is accompanied by a report highlighting the need for framework updates to reflect market evolution.
Bundesbank and BaFin propose discontinuation of Million Loans Reporting (Millionenkreditmeldewesen)
25 Aug 2025: The German Bundesbank and financial regulator BaFin have proposed ending the million-loan reporting requirement by December 30, 2026. The Federal Ministry of Finance has published the necessary legislative changes in the draft of the Location Promotion Act.
Bundesbank and BaFin propose general reform of capital requirements reporting for small banks to ECB
22 Aug 2025: BaFin and the Bundesbank have proposed a new regulatory framework for small, non-complex EU banks. The plan aims to reduce burdens by replacing complex risk-weighting with a stricter leverage ratio. It would apply to banks with assets under €10 billion and include criteria like limited trading and a domestic focus. The proposal is voluntary and supported by Germany’s banking sector, though EU-level negotiations and changes to Basel III rules are needed. The ECB has not officially endorsed the plan.
Canada and the U.S.
US regulators ease back on bank examinations
2 Sep 2025: U.S. financial regulators, the OCC, Federal Reserve, and CFPB, are trimming back or canceling some bank exams and reducing the use of formal enforcement notices (“matters requiring attention”). The shift reflects a new focus on core financial risks and less scrutiny of non-core areas such as reputational or climate risks. Critics warn it may overlook systemic threats, while banks welcome the lighter supervisory touch.
US Federal Reserve finalizes new capital requirements post-stress tests
29 Aug 2025: The U.S. Federal Reserve has finalized new capital buffer requirements for the largest U.S. banks following June’s stress tests, set to take effect 1 October 2025. Morgan Stanley is appealing its assigned level, with a decision expected by the end of September.