Capital / Liquidity

Capital / Liquidity

Fed Approves UBS Acquisition of Credit Suisse US Subsidiaries

By Editors | 16/04/2023

UBS needs authorities in 58 countries to approve the merger, which will create a business with more than $5tr in total invested assets.

Capital / Liquidity

FDIC Official Says 2018 Rule Changes Did Not Cause SVB Failure

By Manesh Samtani | 14/04/2023

SVB’s collapse was mostly attributable to mismanagement of interest rate risk. Regulatory change should be evaluated “thoughtfully”.

Capital / Liquidity

Taiwan FSC Orders Insurers to Raise RBC Ratios or Face Takeover

By Editors | 13/04/2023

The FSC has ordered CTBC, Fubon, Tokio Marine and Hotai to raise capital by the end of June this year or face takeover within 90 days.

Capital / Liquidity

UBS-Credit Suisse Merger Continues to See Opposition

By Editors | 13/04/2023

Swiss lawmakers symbolically voted against a liquidity package to support the merger, which is expected to formally close within a few months.

Capital / Liquidity

Recent Banking Sector Turmoil to Inform FSB’s Policy Work

By Editors | 12/04/2023

FSB working with BCBS to analyse and learn from recent banking sector turmoil. Cyber incident reporting recommendations also finalised.

Big Picture

Report Examines Policy Implications of US Bank Bailouts

By Mark Johnston | 11/04/2023

Congressional Research Service report examines policy issues raised by the systemic risk exception invoked for SVB and Signature Bank.

Capital / Liquidity

Hong Kong to Introduce Risk-based Capital Regime for Insurers

By Editors | 11/04/2023

An amendment bill was gazetted that will make capital requirements for insurance companies more sensitive to their asset and liability matching, risk profile and mix of products.

Crypto / Digital Assets

ECB Official Says MiCA Still Needs Further Strengthening

By Manesh Samtani | 10/04/2023

Pre-collapsed FTX and today’s Binance would not meet the threshold for classification as ‘significant’ CASPs. Even if they did, stricter requirements wouldn’t apply.

Big Picture

Bank Capital Requirements Should Account for Geopolitical Risks: IMF

By Manesh Samtani | 06/04/2023

The IMF suggests geopolitical risks should feed into stress testing, scenario analysis and requirements for banks to hold capital and liquidity buffers.