CAPITAL / LIQUIDITY

Capital / Liquidity

Philippine SEC Issues Implementing Rules for ‘Bad Bank’ Law

By Editors | 25/02/2021

The implementing rules cover the creation of so-called ‘FIST corporations’, as well as the processes they will use to acquire, transfer and manage non-performing assets.

Capital / Liquidity

FSC Korea to Tighten Liquidity Rules for Credit Finance Companies

By Editors | 24/02/2021

Specialised credit finance companies will be required to implement new best practice guidelines on liquidity risk management, enhance disclosures, and use less leverage.

Capital / Liquidity

RBI Issues New Regulatory Framework for Housing Finance Companies

By Ranamita Chakraborty | 24/02/2021

Non-deposit taking HFCs with an asset size of INR 50 billion and above, and all deposit taking HFCs, will have to achieve a 100% LCR by December 2025.

Capital / Liquidity

DTCC Suggests Move to T+1 Settlement in US Markets

By Manesh Samtani | 24/02/2021

Reducing the settlement cycle to T+1 could reduce the NSCC’s value-at-risk clearing fund charge by 30-40 percent for sample portfolios, DTCC said.

Capital / Liquidity

CBIRC Imposes Further Restrictions on Online Lending by Banks

By Editors | 23/02/2021

New rules require banks to contribute no more than 70 percent of the capital when providing loans through an online lending platform.

Capital / Liquidity

MAS Proposes Revisions to Requirements for Insurers

By Manesh Samtani | 22/02/2021

MAS proposes to enhance the current requirements relating to enterprise risk management, investment risk management and disclosure practices.

Capital / Liquidity

FSC Korea to Enhance Recovery and Resolution Regimes of SIFIs

By Editors | 20/02/2021

SIFIs will have 3 months after designation to submit recovery plans to regulators. The FSC will have the authority to demand action from a SIFI in line with its recovery plan.

Capital / Liquidity

Philippine President Duterte Signs ‘Bad Bank’ Bill Into Law

By Editors | 17/02/2021

The law will help cushion lenders from a build-up of bad loans due to the Covid-19 crisis, allowing them to dispose of bad assets and keep the banking system stable.

Capital / Liquidity

RBI Establishes Expert Committee to Enhance UCB Resilience

By Editors | 16/02/2021

The committee will take stock of existing regulatory measures and their impacts and recommend other suitable measures to strengthen the sector.