Capital / Liquidity

Capital / Liquidity

Singapore Revises Tax Incentives for SFOs

By Ranamita Chakraborty | 07/07/2023

The Monetary Authority of Singapore is looking to encourage single family offices (SFOs) to “deploy their capital more purposefully to benefit Singapore and the region”.

Capital / Liquidity

FSB to Conduct “In-depth” Review of G-SIB Resolution Framework

By Manesh Samtani | 07/07/2023

FSB members also approved the high-level recommendations for crypto-assets and stablecoins, which will be submitted to the G20 for endorsement this month.

Capital / Liquidity

Hong Kong: New Regime for Insurers to Commence in 2024

By Sanday Chongo Kabange | 06/07/2023

Capital requirements for insurers will be more sensitive to their asset and liability matching, risk profile and mix of products.

Capital / Liquidity

BCBS Proposes Revisions to Core Principles for Effective Banking Supervision

By Manesh Samtani | 06/07/2023

The amendments cover a wide range of topics, addressing climate, digitalisation, interest rate risk, cyber risk, counterparty credit risk, and bank culture.

Capital / Liquidity

More Foreign Banks in UK May Have to Convert Branches to Subsidiaries

By Editors | 06/07/2023

The BOE is considering reducing the thresholds for requiring foreign banks to set up subsidiaries, as part of a review prompted by SVB’s collapse.

AML / KYC

MAS Reports USD22.8 Billion Net Loss For FY2022/23

By Ranamita Chakraborty | 06/07/2023

MAS announced a net loss of SGD 30.8 billion (USD 22.8 billion), reflecting the effects of monetary policy tightening to bring down inflation.

Capital / Liquidity

FSB, IOSCO Propose Tighter Rules for Open-ended Funds

By Manesh Samtani | 06/07/2023

The FSB and IOSCO are calling for greater and more consistent use of anti-dilution liquidity management tools in open-ended funds, such as swing pricing.

Capital / Liquidity

Korea Relaxes Banking Rules to Boost Venture Investments, Corporate Lending

By Editors | 05/07/2023

The limit on bank acquisitions of unlisted equity securities is raised and the loan-to-deposit ratio requirement applied to foreign bank branches is relaxed.

Capital / Liquidity

Cambodia Issues New Rules on Capital Adequacy, Credit Risk

By Sanday Chongo Kabange | 05/07/2023

The NBC says the new rules will incentivise lenders to release more loans to businesses and ensure finance is available at “reasonable interest rates”.