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Capital / Liquidity
BSP Amends Rules on Single Borrower Limit to Boost Lending
By Editors | 09/01/2023
Banks won’t need approval to exclude credit exposures from the SBL if they are covered by credit risk transfer arrangements such as guarantees or credit derivatives.
Capital / Liquidity
Indian Banks Can Withstand Even Severe Stress Conditions: RBI
By Editors | 07/01/2023
RBI stress tests for credit risk showed that commercial banks can meet minimum capital requirements even under severe stress situations.
Capital / Liquidity
China Set to Implement New Financial Stability Law This Year
By Editors | 05/01/2023
The law will create a financial stability guarantee fund, set out clear risk prevention and disposal responsibilities for financial institutions, and introduce a resolution regime for SIFIs.
Capital / Liquidity
CBIRC Revises Rating System for Foreign Bank Branches
By Editors | 03/01/2023
The new framework increases the weighting on compliance, and includes point deductions for mismanagement and increases in business risk.
Capital / Liquidity
BaFin Imposes Capital Charge on StanChart’s German Unit
By Editors | 23/12/2022
The regulator said the bank’s internal organisation did not meet legal requirements, without disclosing further details.
Capital / Liquidity
APRA to Set CCyB Default Rate at 1pc from 1 Jan 2023
By Editors | 22/12/2022
The CCyB default rate in Australia has been set at zero percent of risk-weighted assets since it was introduced in 2016.
Crypto / Digital Assets
HKMA Intends to Implement BCBS Cryptoasset Standards
By Editors | 22/12/2022
The HKMA plans to implement the Basel standards on the treatment of cryptoasset exposures locally by 1 January 2025, in accordance with the BCBS timetable.
Capital / Liquidity
RBI Directs Banks to Improve Financial Statement Disclosures
By Editors | 22/12/2022
The RBI has asked banks to disclose more information when “Other Liabilities and Provisions” and “Other Assets” items exceed 1% of total assets.
Capital / Liquidity
Korean Banks to Resume Bond Issuance as Markets Stabilise
By Mark Johnston | 22/12/2022
South Korea’s corporate bond market is showing signs of recovery, prompting banks to resume bond issuance to replace maturing debt.
Crypto / Digital Assets
Audit Firms Are Exiting Relationships with Crypto Clients
By Mark Johnston | 21/12/2022
Mazars and Armanino have stopped serving clients in the crypto sector. BDO is reconsidering its approach to the sector.
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