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Capital / Liquidity
ASIC Offers Clarity on Responsible Lending Obligations
By Editors | 09/12/2019
ASIC has clarified when a licensee might undertake more or less detailed inquiries and verification steps based on different consumer circumstances and the type of credit being sought.
Capital / Liquidity
India Finalises ‘On-Tap’ Licensing Regime for Small Finance Banks
By Editors | 06/12/2019
India’s central bank has issued its final guidelines for ‘on-tap’ licensing of small finance banks, doubling the minimum capital requirement to 2 billion rupees.
Capital / Liquidity
RBNZ Final Capital Rules Require Banks to Raise NZ$20bn
By Garima Chitkara | 06/12/2019
New Zealand’s big four banks will have to increase capital to 18% of RWAs, and smaller banks to 16% of RWAs. Seven years will be given to implement the changes.
Capital / Liquidity
Capital Deficit May Force Vietnam Majors to Halt Lending: SBV
By Editors | 06/12/2019
Vietcombank, BIDV, Vietinbank and Agribank are close to minimum capital adequacy requirements and may be forced to stop lending if they are not allowed to increase capital.
Capital / Liquidity
CBIRC Finalises Net Capital Rules for Banks’ Wealth Management Units
By Editors | 06/12/2019
The regulator has fixed the minimum net capital for commercial lenders’ wealth management subsidiaries at 500 million yuan, and at least 40 percent of the net assets.
AML / KYC
IMF Commends Hong Kong’s Financial System Resilience
By Garima Chitkara | 05/12/2019
The IMF also came out in support of the government’s policies to boost the economy, safeguard financial stability, and combat money laundering and terrorism financing.
Capital / Liquidity
China to Double Number of Firms Allowed to Securitise NPLs
By Editors | 03/12/2019
Standard Chartered and the four large national bad debt managers are among the firms allowed to sell NPL-backed securities as China looks to expand its 2016 plan to clean up bank balance sheets.
Capital / Liquidity
China to Relax Capital Raising Rules for Unlisted Banks
By Editors | 02/12/2019
The requirement for small lenders to sell shares in the OTC markets before issuing preferred shares has been removed to allow them to more easily raise capital.
Capital / Liquidity
MAS Highlights FX Liquidity, Cyber Risk in Latest FSR
By Manesh Samtani | 02/12/2019
In its latest Financial Stability Review, the MAS highlights pressures on foreign currency liquidity and the potential impacts of a cyber attack on Singapore banks and their service providers.
Capital / Liquidity
BCBS Proposes Revisions to Basel III CVA Risk Framework
By Editors | 29/11/2019
The proposed revisions aim to align the CVA framework with the final market risk framework, and to adjust the scope of portfolios subject to CVA risk capital requirements.
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