CAPITAL / LIQUIDITY

    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.

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