Moody's Analytics Insights
Last year was another strong one for U.S. dollar-denominated investment-grade corporate bond issuance; it totaled $1.6 trillion, 17% above its pre-pandemic average.
your ESG risk management story and business advantage
Santhosh Metri has been recognized in the IAM300 Global Leaders, which recognizes top leaders in the intellectual property (IP) world. Read Santhosh's career in the IP space, top lessons learned along the way and his views on the current state of the market.
Credit Where Due Blog Series
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The Central Bank of the Philippines (BSP) issued communications covering developments related to online lending platforms, open finance framework and roadmap, and on the expected regulations in the area sustainable finance.
the environment
The December U.S. consumer price index keeps the pressure on the Federal Reserve to remove some of its policy accommodation soon, but the good news is that inflation has likely peaked.
The Board of Governors of the Federal Reserve System (FED) published the final rule that amends Regulation I to reduce the quarterly reporting burden for member banks by automating the application process for adjusting their subscriptions to the Federal Reserve Bank capital stock, except in the context of mergers.
The European Banking Authority (EBA) published its assessment of risks through the quarterly Risk Dashboard and the results of the Autumn edition of the Risk Assessment Questionnaire (RAQ).
ESG risk management can cut costs
The Malta Financial Services Authority (MFSA) updated the guidelines on supervisory reporting requirements under the reporting framework 3.0.
The Hong Kong Monetary Authority (HKMA) published a circular, along with the reporting form and instructions, for self-assessment, by authorized institutions, of compliance with the Code of Banking Practice 2021.
The Financial Conduct Authority (FCA) decided to register European DataWarehouse Ltd and SecRep Limited as securitization repositories under the UK Securitization Regulation, with effect from January 17, 2022.
The European Commission (EC) published the Delegated Regulation 2022/25, which supplements the Investment Firms Regulation (IFR or Regulation 2019/2033) with respect to the regulatory technical standards specifying the methods for measuring the K-factors referred to in Article 15 of the IFR.
The Bank of International Settlements (BIS) published a paper that assesses the ways in which platform-based business models can affect financial inclusion, competition, financial stability and consumer protection.
The Central Bank of Egypt (CBE) published a circular with instructions on emergency liquidity assistance to banks that are unable to meet their liquidity requirements.
Middle-market lending does not always mean high credit risk – it can actually enhance portfolio diversification. The availability of rich data and modern statistical models enable investors to rethink traditional best practices of avoiding lending to smaller companies or capping the estimated credit quality for smaller firms at subpar levels.
Over the past two years, Boeing Corporation has seen a rise in credit risk led by traditional credit risk indicators such as revenue. Increasingly, climate risk will affect credit risk, and traditional models will need to be adapted to incorporate climate-related factors to accurately assess risk.
The European Supervisory Authorities (ESAs) published the list of identified financial conglomerates for 2021.
The Australian Prudential Regulation Authority (APRA) updated the list of authorized deposit-taking institutions, granting license to Barclays Bank PLC and Crédit Agricole Corporate and Investment Bank to operate as foreign authorized deposit-taking institutions under the Banking Act 1959.
The minutes from the December meeting of the Federal Open Market Committee showed the central bank believed the time to begin removing policy accommodation was near and that policymakers favor interest rates over balance-sheet reduction as the primary tool.
This document discusses the development of Moody's Analytics next-generation corporate credit risk solution. We launched this initiative with the purpose of enhancing our highly regarded models, leveraging innovative data and state-of-the art modeling techniques.
This paper considers the consequences of a property market collapse in China for the Chinese and global economies, with a special focus on Southeast Asia and emerging markets.
Monetary authorities have started requesting financial institutions account for changes in credit risk due to climate change. We combine an acute climate event with a chronic, physical risk climate change scenario and analyze the impact on credit risk losses for UK residential mortgages via PD and LGD projections.
Credit risk and asset and liability management are two disciplines often approached via different silos. However, does any interconnection exist between them? If so, can we measure and adequately assess it? Do varying economic conditions affect firm balance sheets differently? We show that incorporating forward-looking behavioral defaults and prepayments into analyses of cashflows that underlie multiple ALM metrics effectively prevents overestimates.
Natural disasters create victims, and some of these victims may be unable or unwilling to continue paying their mortgages. These events often lead to a spike in defaults and put billions in mortgage balances at risk of being lost. We quantitatively assess the risk these events can have on a portfolio.
EU published, in the Official Journal of the European Union, a corrigendum to the Delegated Regulation 2015/35, which supplements Solvency II Directive (2009/138/EC).
The European Banking Authority (EBA) published an Opinion on the scale and impact of de-risking in European Union and the steps that competent authorities should take to tackle unwarranted de-risking.
