CAPITAL / LIQUIDITY

Fintech / Regtech

ISDA Analysis Shows Effectiveness of Crypto Hedging

By Editors | 24/05/2022

The analysis suggests that a less punitive capital framework should be considered for banks’ exposures to Bitcoin and Ethereum.

Capital / Liquidity

CBIRC Issues Rules to Standardise ECL Processes at Banks

By Darien Choong | 22/05/2022

The rules will address differences in how banks have implemented the ECL method, and prevent its use as a “tool” to adjust profits.

AML / KYC

ISDA AGM Highlights Global Scrutiny of Crypto Sector

By Manesh Samtani | 14/05/2022

Senior officials from the FSB, Basel Committee, US SEC, and CFTC spoke at ISDA’s AGM about the need for more regulation in the crypto sector.

Capital / Liquidity

CBSL Direct Banks to Halt Dividends as Sri Lanka Crisis Ensues

By Duruthu E Chandrasekera | 13/05/2022

Sri Lanka has appointed a new prime minister after protests turned violent. Banks are told to suspend discretionary payments through the “prevailing macroeconomic tumult”

Capital / Liquidity

BSP Issues Guidelines on Strengthening Rural Bank Competitiveness

By Editors | 11/05/2022

The guidelines set out options to strengthen the rural banking sector, including through mergers, acquisitions or third party investment.

Capital / Liquidity

FSC Korea Directs Banks to Strengthen Capital, Risk Management

By Editors | 11/05/2022

Banks are asked to strengthen loss absorption capacity, FX liquidity management, credit risk monitoring and bad debt provisioning.

Capital / Liquidity

RBI Surprises Market with Interest Rate Hike

By Editors | 06/05/2022

The RBI also increased the cash reserve ratio, the percentage of cash that banks need to keep in reserve against their total deposits.

Capital / Liquidity

Hong Kong Banks Barred from Suing Defaulting Landlords

By Manesh Samtani | 05/05/2022

For 3 months, lenders may not take action against landlords who default on secured loans as a result of a rental enforcement moratorium being imposed in Hong Kong.

Capital / Liquidity

ISDA to Recognise China as Clean Netting Jurisdiction

By Editors | 04/05/2022

ISDA plans to publish a legal opinion recognising China as a jurisdiction in which close-out netting can be applied, paving the way for a more diversified onshore derivatives transactions.