Capital / Liquidity

Capital / Liquidity

Japan, EU to Cooperate on Cross-border Resolution Planning

By Editors | 17/10/2019

Through an exchange of letters, Japan’s FSA and the EU’s SRB have agreed to cooperate to plan for and conduct orderly cross-border resolutions of banks.

Capital / Liquidity

PBOC Clarifies Definition of ‘Non-standard’ Credit Assets

By Editors | 17/10/2019

The clarification is important for new rules that will impose a cap on investments in non-standard credit assets by banks’ wealth management products.

Capital / Liquidity

China Further Opens Banking, Insurance Sectors to Foreign FIs

By Editors | 16/10/2019

Effective immediately, foreign financial institutions can establish wholly-owned banks in China, which can be operated alongside foreign bank branches and Sino-foreign joint venture banks.

Capital / Liquidity

Philippines: BSP Approves Amended D-SIBs Framework

By Editors | 16/10/2019

A bank’s size and interconnectedness will be given greater importance in the assessment to determine its systemic importance in the Philippines.

Capital / Liquidity

HKMA Cuts CCyB in Response to Worsening Economic Conditions

By Editors | 15/10/2019

The first CCyB cut since 2015, the move is expected to free up between HKD 200-300 billion in the financial system and make it easier for banks to lend to SMEs.

Capital / Liquidity

ACCC to Probe Banks on Mortgage Pricing Decision-making

By Editors | 15/10/2019

The ACCC is commencing an inquiry to find out why banks are not fully passing on interest rate cuts to borrowers, and what prevents customers from switching to cheaper lenders.

Capital / Liquidity

US Fed Finalises Easier Capital, Liquidity Rules for Banks

By Editors | 14/10/2019

Banks that present less risk, including foreign banks, will have reduced requirements. An idea to subject US branches of foreign banks to new liquidity requirements has also been dropped.

Capital / Liquidity

Volcker Rule Rewrite Gets Final Approval After Fed Sign-off

By Editors | 10/10/2019

The revisions continue to prohibit proprietary trading, while providing greater clarity and certainty for activities allowed under the law.

Securities / Derivatives

UPDATED – SFC to Raise Investor Compensation Limit

By Editors | 09/10/2019

Respondents to an April 2018 consultation strongly supported an increase in the compensation limit, among other proposals, which the SFC expects to implement in early 2020.