Capital / Liquidity

Capital / Liquidity

HKMA Amends Interest Rate Stress Testing Requirement

By Editors | 26/09/2022

Banks must stress test mortgage borrowers’ debt servicing ability assuming a 200 bps rise in the mortgage rate, rather than 300 bps.

Crypto / Digital Assets

US SEC Accounting Guidance Disrupts Banks Crypto Projects

By Mark Johnston | 24/09/2022

Accounting guidance issued in March has reportedly forced US listed banks that were building out crypto offerings to suspend their plans.

Capital / Liquidity

Australia: Bond Losses Wipe Out Central Bank’s Equity

By Editors | 22/09/2022

An accounting loss of A$36.7bn depleted the RBA’s reserve funds and left it with a negative net equity position of A$12.4bn.

Fintech / Regtech

BSP Tightens Prudential Requirements for Digital Banks

By Editors | 21/09/2022

Digital banks must meet the same Basel III capital, liquidity and leverage requirements applicable to universal and commercial banks.

Capital / Liquidity

RBI Removes Restrictions on Central Bank of India

By Editors | 21/09/2022

The bank is no longer in breach of the PCA parameters based on figures for the year ended 31 March 2022, the RBI said.

Capital / Liquidity

Basel III to Have Muted Capital Impact in APAC: Fitch

By Editors | 19/09/2022

The impact of the final rules will be much lower in APAC than in Europe and the US because APAC jurisdictions rely less on internal models, Fitch says.

AML / KYC

Puerto Rico Authority Agrees on Liquidation of Euro Pacific Bank

By Editors | 17/09/2022

Euro Pacific Bank customers will recoup 100 percent of their deposits. Several hundred investigations are still underway globally over whether the bank was used for tax evasion.

Capital / Liquidity

Vietnam: SBV Grants Banks Additional Credit Growth Quotas

By Editors | 17/09/2022

Vietcombank and Agribank were among those granted higher credit growth rate quotas, amid growing calls for the mechanism to be scrapped altogether.

Capital / Liquidity

APRA Proposes to Update Guidance on Contingent Liquidity

By Editors | 17/09/2022

APRA will reduce the level of self-securitised assets banks must hold as contingent liquidity, provided they can increase these levels quickly if stress conditions emerge.