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Capital / Liquidity
Dividend Restrictions Effective at Increasing Lending Capacity: BIS
By Manesh Samtani | 14/03/2021
Restrictions on capital distributions in the initial phase of the Covid crisis were effective in increasing bank lending, says new analysis from the BIS.
AML / KYC
APRA Ends Westpac Probe into Possible Banking Law Breaches
By Editors | 14/03/2021
The investigation did not find evidence of breaches of the Banking Act or the BEAR, according to APRA Deputy Chair John Lonsdale.
Capital / Liquidity
RBI Removes IDBI Bank from PCA Framework After Four Years
By Sanday Chongo Kabange | 11/03/2021
IDBI Bank has been removed from PCA restrictions following its latest financial position as of 31 December 2020.
Capital / Liquidity
FSC Korea Extends Easier Liquidity Rules for Banks
By Editors | 10/03/2021
The easier liquidity rules, introduced in April and extended in August, are now scheduled to end at the end of September.
Capital / Liquidity
PBOC to Limit Short-term Bond Issuance by Securities Firms
By Editors | 10/03/2021
Short-term bonds issued by securities firms will subject to a limit of 60% of net capital. The eligibility criteria have also been strengthened.
Capital / Liquidity
RBNZ Removes Liquidity Facilities Amid Improving Market Conditions
By Editors | 10/03/2021
Financial market conditions have “improved significantly” since the Term Auction Facility and the Corporate Open Market Operation were introduced.
Capital / Liquidity
BSP Issues Draft Guidelines on New ‘Bad Bank’ Law
By Ranamita Chakraborty | 09/03/2021
Banks can stagger the booking of losses from the discounted sale of NPAs to FIST corporations over five years, provided proper disclosures are made.
Capital / Liquidity
FSC Korea Issues New Rules for Non-holding Financial Groups
By Editors | 08/03/2021
Non-holding financial groups deemed to have financial soundness problems will be required to draw up and submit business improvement plans.
Capital / Liquidity
ICBC, Ping An Dispose of First Packages of Bad Personal Loans
By Editors | 08/03/2021
Asset managers bought packages of bad personal loans from ICBC and Ping An Bank at auction under a new pilot programme.
Capital / Liquidity
Japan, EU Boost Cooperation on Insurance Supervision
By Ranamita Chakraborty | 06/03/2021
EIOPA will provide the FSA advice on an equivalence decision under the EU’s Solvency II framework and, later, the monitoring of this decision.
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