CAPITAL / LIQUIDITY

Capital / Liquidity

New Zealand to Further Revise Responsible Lending Rules

By Editors | 09/08/2022

This is the second tranche of changes to the CCCFA regulations, which have been criticised for making it too difficult for borrowers to obtain loans.

Market Infrastructure

CPMI-IOSCO Explores How CCPs Address Non-default Losses

By Editors | 08/08/2022

New paper aims to help advance industry efforts and dialogue on the concepts and processes used by CCPs to address losses from non-default events, such as cyber attacks.

Capital / Liquidity

BCBS Warns of Risky Real Estate and Leveraged Loans

By Editors | 08/08/2022

The pandemic and recent inflation have heightened credit risk concerns. Supervisors have observed higher-risk and deficient lending practices.

Big Picture

Activity-based & Entity-based Regulation Reinforce Each Other’s Effectiveness

By Editors | 05/08/2022

A new paper from the Financial Stability Institute says neither entity-based nor activity-based regulation is in and of itself the optimal choice.

Capital / Liquidity

CBIRC to Prioritise Bank Capital, Property Market in H2

By Darien Choong | 03/08/2022

At a meeting last week, the CBIRC said it would focus its work on enhancing regional banks’ capital positions and ensuring the stability of the real estate market.

Capital / Liquidity

China New Futures and Derivatives Law Takes Effect

By Manesh Samtani | 02/08/2022

On the same day, ISDA published a netting opinion providing legal certainty that close-out netting is enforceable in China.

Capital / Liquidity

CFTC Proposes Capital Comparability Determination for Japan

By Editors | 02/08/2022

Nonbank swap dealers domiciled in Japan would be able to satisfy certain US capital and financial reporting requirements by complying with comparable requirements in Japan.

Capital / Liquidity

SFC Fines Hedge Fund Manager for Liquid Capital Deficit

By Editors | 31/07/2022

KTF Capital Management had a HK$20mn deficit between 13 and 18 December 2018 but misrepresented to the SFC that it maintained sufficient liquid capital during the period.

Capital / Liquidity

RBI Allows Payment Aggregators Time To Obtain Licenses

By Editors | 31/07/2022

Companies already providing payment aggregator services now would be allowed until 30 September 2022 to submit licence applications