Capital / Liquidity

BCBS, FSB Support Use of Capital, Liquidity Buffers to Maintain Stability

22/03/2020

Using capital resources to support the real economy and absorb losses should take priority over discretionary distributions. HQLA stocks should be used to meet liquidity demands.

Capital / Liquidity

Bank Indonesia Cuts Rates Again, OJK Demands Leniency for Borrowers

22/03/2020

Banks have also been told not to use debt collectors during the Covid-19 pandemic, and to instead help customers by restructuring existing debt and granting new subsidised loans.

Securities / Derivatives

ASIC Grants Two Month Extension for Holding AGMs

22/03/2020

ASIC will take no action if AGMs of listed companies are postponed for two months, and supports the use of technology to hold virtual or hybrid meetings.

Capital / Liquidity

HK, Singapore, Indonesia Assessed as NSFR, LEX Compliant

22/03/2020

Hong Kong, Singapore and Indonesia were assessed as compliant with global standards for the net stable funding ratio and large exposures framework.

Market Infrastructure

FSC Korea Authorises KODIT to Develop New Credit Scoring System

20/03/2020

The new system will use non-financial and transaction information of SMEs and small merchants to generate credit scores, improving their ability to obtain financing and credit guarantees.

APRA, RBA Ask Financial Firms to Continue Parallel Reporting of EFS data

20/03/2020

The agencies explain that they wish to ensure a consistent data source for March and June 2020, in order to capture the impact of the coronavirus.

SAFE Expands Cross-border Financing Channels for High-tech Firms

20/03/2020

A Beijing science park programme to allow high-tech firms to access cross-border funding will be expanded to cover Shanghai, Hubei, Guangdong and Shenzhen.

Securities / Derivatives

SEBI Allows Extra Time to File Quarterly, Annual Results

20/03/2020

Listed companies will have until 30 June to file their quarterly and annual financial results for the period ending 31 March.

Securities / Derivatives

Taiwan Authorises Intervention by National Stabilisation Fund

20/03/2020

The central bank has also cut its policy rates and expanded lending facilities for banks to allow them to support SMEs impacted by the coronavirus.