CAPITAL / LIQUIDITY

Capital / Liquidity

Korean Cabinet Approves Rules on SIFI Resolution Plans

By Editors | 23/06/2021

SIFIs will be required to prepare recovery and resolution plans and submit them to the FSS within three months from being designated.

Capital / Liquidity

RBNZ Finalises 7-Year Roadmap for Higher Bank Capital

By Manesh Samtani | 18/06/2021

The minimum total capital requirement for banks will increase 9% from 1 July 2024. Banks will also be expected to hold a ‘Prudential Capital Buffer’.

Capital / Liquidity

ASIC Enhances Capital Rules for Securities, Futures Firms

By Sanday Chongo Kabange | 17/06/2021

Securities market participants must hold core capital of at least A$500,000, up from A$100,000 currently required. One year is given for compliance.

Capital / Liquidity

ISDA Chief Calls for Use of Common Risk Data Reporting Standard

By Ranamita Chakraborty | 14/06/2021

CRIF will reduce the risk data reporting burden, increase the accuracy and consistency of the information reported, and allow for more automation.

Capital / Liquidity

CBIRC Issues Final Rules on Resolution Planning for FIs

By Editors | 12/06/2021

Deposit-taking institutions, leasing companies, asset managers and insurers with assets exceeding a specified threshold are required to formulate recovery and resolution plans.

Capital / Liquidity

HKMA Defers Implementation of Basel III Capital Standards

By Editors | 11/06/2021

Banks have an additional six months to implement the revised frameworks on credit risk, operational risk, output floor and leverage ratio. The market risk and CVA risk frameworks are also deferred.

Capital / Liquidity

BCBS Consults on Prudential Treatment of Cryptoasset Exposures

By Manesh Samtani | 11/06/2021

Bitcoin and other “Group 2 cryptoassets” will be subject to a 1250% risk weight to avoid exposing bank depositors and creditors to a loss.

Capital / Liquidity

IMF Reaffirms Hong Kong Stability, Identifies Pockets of Risk

By Manesh Samtani | 10/06/2021

The IMF recommends enhancing monitoring of lending to Mainland China, increasing oversight over banking groups, and regulating mortgage lending by non-banks.

Capital / Liquidity

BCBS to Consult on Capital Rules for Banks’ Crypto Exposures

By Manesh Samtani | 09/06/2021

The proposed consultation builds on an earlier paper which outlined an approach that would subject direct crypto exposures to full deductions from CET1 capital.