ADVERTISEMENT
AML / KYC
Fed Orders Citigroup to Correct “Longstanding Deficiencies”
By Editors | 08/10/2020
The Fed has ordered Citigroup to remediated enterprise-wide risk management and controls deficiencies. The OCC has penalised Citibank $400mn for the same deficiencies.
Capital / Liquidity
RBI Defers Implementation of NSFR, Final Tranche of CCB
By Editors | 02/10/2020
The delays are a result of “continuing stress on account of Covid-19”, giving banks a further six months until 1 April 2021 to meet the higher requirements.
Capital / Liquidity
Fed Extends Restrictions on Bank Dividends, Share Buybacks
By Editors | 01/10/2020
Banks with more than $100bn in total assets are not allowed to initiate new share buyback programmes and dividends are capped based on recent income.
Capital / Liquidity
China Issues G-SIB TLAC Rules for Consultation
By Editors | 30/09/2020
Under the rules, China’s G-SIBs must have loss-absorbing capacity amounting to at least 16 percent of risk-weighted assets starting from 1 January 2025.
Capital / Liquidity
PBOC Enhances Policy Toolbox with CCyB Implementation
By Editors | 30/09/2020
The initial countercyclical capital buffer ratio will be set at zero, meaning capital requirements of banks have not been increased.
Fintech / Regtech
RegTech Asia 2020: Liquidity Risk During a Crisis
By Editors | 29/09/2020
How has Covid-19 impacted liquidity risk management at banks, and how they can better prepare for future market volatility and ongoing credit demands?
Capital / Liquidity
BNM to Allow Banks to Add-back ECL to CET1 Capital
By Manesh Samtani | 29/09/2020
Banks which elect to apply the transitional arrangements are allowed to add back a portion of Stage 1 and Stage 2 provisions for ECL to CET1 capital.
Capital / Liquidity
India Establishes Netting Certainty for Bilateral OTC Derivatives
By Manesh Samtani | 24/09/2020
Parliament passed a bill providing legal basis for bilateral netting of OTC derivatives contracts which are not centrally cleared.
Capital / Liquidity
Too Big to Fail: Markets Abhor a Vacuum
By Jamie Lloyd Evans | 24/09/2020
Some characteristics of the TBTF challenge are specific to Asia, but these may be intractable from ‘winner-takes-all’ capitalism and national interests, writes industry veteran Jamie Lloyd Evans.
Capital / Liquidity
CBIRC Raises Leverage Limits for Microfinance Companies
By Editors | 20/09/2020
Microfinance companies can issue standardised debts such as bonds and ABS products up to 4 times net assets, compared to 0.5 to 3 times net capital previously.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team