Capital / Liquidity

Capital / Liquidity

CBIRC Finalises Rules Allowing Foreign-Funded Finance Companies

By Darien Choong | 19/10/2022

Foreign-funded multinational groups can directly establish domestic finance companies to provide financial services to their member units in China.

Capital / Liquidity

RBI Tightens Rules on Disclosing NPA, Provisioning Divergences

By Editors | 18/10/2022

Norms that apply to commercial banks on disclosing NPA and provisioning divergences are being tightened, and extended to UCBs.

Capital / Liquidity

DBS Becomes LCH SwapClear’s First Direct Member in Singapore

By Editors | 18/10/2022

DBS will be able to post Singapore government bonds as collateral, making LCH the first global offshore clearing house to accept the asset class as eligible collateral.

Capital / Liquidity

EU Regulators to Assess Bank Dividend Plans ‘Case-by-Case’

By Editors | 17/10/2022

Steven Maijoor, who serves on the ECB’s supervisory board, said regulators are asking banks to be restrained with dividends and share buybacks.

Capital / Liquidity

RBI Revises Rules for Asset Reconstruction Companies

By Editors | 16/10/2022

Under the new framework, ARCs can act as resolution applicants under the Insolvency and Bankruptcy Code.

Crypto / Digital Assets

Tether Eliminates Commercial Paper from Stablecoin Reserves

By Manesh Samtani | 15/10/2022

“Reducing commercial papers to zero demonstrates Tether’s commitment to backing its tokens with the most secure reserves in the market,” the company said.

Capital / Liquidity

RBI Directs Banks to Treat Certain Rated Exposures as Unrated

By Editors | 15/10/2022

Banks must treat corporate and NBFC exposures as if they were unrated if the lenders’ details are not disclosed in rating actions.

Capital / Liquidity

Taiwan Allows Insurers to Reclassify Assets Using IFRS 9

By Editors | 14/10/2022

Reclassification of assets under IFRS 9 will enable insurers to mitigate the effects of rate hikes on their financial ratios.

Capital / Liquidity

HKMA Consults on Market Risk, CVA Risk Frameworks

By Editors | 12/10/2022

HKMA is consulting on proposed BCR changes and two new SPMs for implementation of the revised market risk and CVA risk frameworks.