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Capital / Liquidity
India to Establish Backstop Fund for Corporate Debt Market
By Editors | 19/02/2023
SBI Mutual Fund will administer the $4bn fund, which will be 90% funded by the government and 10% by asset managers.
Fintech / Regtech
BSP Finalises New Requirements for E-money Issuers
By Sanday Chongo Kabange | 14/02/2023
Amended regulations require e-money issuers to meet higher liquidity and capital requirements, to ensure the industry’s resilience.
Big Picture
ECB Concerned with Russia Exposures, Bad Debt Risks
By Editors | 14/02/2023
The ECB says it would welcome more exits from Russia by eurozone banks, and that higher borrowing costs could lead to a build-up of bad loans.
Capital / Liquidity
US Bank Stress Tests to Feature New ‘Exploratory Market Shock’
By Editors | 13/02/2023
The ‘exploratory market shock’ will be an additional component of the 2023 stress test, applied to the trading books of the eight largest US banks.
Capital / Liquidity
China Tightens Risk Classification Rules for Banks’ Financial Assets
By Editors | 13/02/2023
Banks must classify “all financial assets that bear credit risk” according to the degree of risk, including bond investments, interbank assets, receivables, and off-balance-sheet assets.
Capital / Liquidity
Vietnam Considers Higher Foreign Ownership Limits at Banks
By Editors | 12/02/2023
A higher foreign ownership limit of 49 percent is being considered for banks that participate in restructuring weak credit institutions.
Capital / Liquidity
RBNZ Liquidity Policy Review Advances to Second Stage
By Sanday Chongo Kabange | 12/02/2023
The RBNZ is seeking feedback on whether the LCR and NSFR standards should be adopted in New Zealand.
Capital / Liquidity
Korea FSS to Target Bank Governance in 2023 Workplan
By Editors | 09/02/2023
Among the key tasks in the workplan, the FSS will work to strengthen governance structures, compensation systems, and internal control capabilities of banks.
Crypto / Digital Assets
US Authorities Probe Crypto Bank Silvergate Over FTX Dealings
By Editors | 06/02/2023
The criminal probe is said to be focused on Silvergate’s dealings with the now-bankrupt FTX and Alameda Research, and its hosting of accounts tied to both companies.
Capital / Liquidity
EBA Unveils Methodology for EU-Wide Stress Test
By Editors | 02/02/2023
The 6 percent GDP decline in the adverse scenario makes it the most severe scenario ever used in the EU-wide stress test.
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