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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.
AML / KYC
HKMA Confirms Plans to Introduce Stablecoin Regulations
By Editors | 01/02/2023
Stablecoins must be fully backed, redemption at par must be available at all times, and issuers must be licenced. Algorithmic stablecoins will not be accepted.
Capital / Liquidity
FSC Korea Unveils 12 Policy Initiatives in 2023 Work Plan
By Manesh Samtani | 31/01/2023
The initiatives seek to mitigate risks related to financial stability, insolvencies, scams, and virtual assets, while also promoting innovation and fintech.
Capital / Liquidity
RBI Proposed New Securitisation Framework for Stressed Assets
By Editors | 27/01/2023
Banks would be able to sell stressed assets to special purpose entities that issue securitisation notes for investors to buy.
Capital / Liquidity
RBNZ to Progress Changes to Connected Exposures Policy
By Editors | 26/01/2023
The RBNZ intends to progress with proposals made in its November 2021 consultation, with some amendments following stakeholder feedback.
Capital / Liquidity
BNM Consults on Standardised Approach to Credit Risk Capital
By Editors | 25/01/2023
FIs are asked to provide feedback and complete an accompanying Quantitative Impact Study reporting template.
Capital / Liquidity
EU Lawmakers Back Draft Law to Implement Basel III
By Editors | 25/01/2023
The draft law contains an interim treatment for banks to apply a 1250% risk weight to their cryptoasset exposures until 31 December 2024.
Capital / Liquidity
EU Faces Industry Opposition on Proposed Commission Ban
By Mark Johnston | 24/01/2023
Financial industry associations say a ban on commissions paid to financial advisers for selling financial products would harm consumers.
Capital / Liquidity
US OCC Outlines Framework for “Too-Big-to-Manage” Banks
By Editors | 24/01/2023
The OCC is looking to provide more transparency into its escalation framework for dealing with banks that become too big to manage.
Capital / Liquidity
Implementation of 2013 NBFI Reforms Are Incomplete: FSB
By Editors | 19/01/2023
Jurisdictions have not finished implementing Basel III reforms to mitigate spillovers between banks and non-bank financial entities.
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