Capital / Liquidity

Capital / Liquidity

CBIRC Approves Bankruptcy Filing by Baoshang Bank

By Editors | 23/11/2020

Baoshang Bank will become the first commercial bank to go bankrupt in China in almost 20 years. Earlier this month, regulators deemed the bank to be non-viable.

Capital / Liquidity

MAS Launches New RMB Liquidity Facility for Banks

By Manesh Samtani | 23/11/2020

RMB funding of up to 3 months will be channelled to primary dealers, thereby enhancing credit intermediation and overall RMB market liquidity in Singapore.

Capital / Liquidity

Thailand SEC Revises Net Capital Rules to Bolster Liquidity

By Sanday Chongo Kabange | 22/11/2020

The SEC will allow securities companies to include the value of digital assets when calculating their net capital funds, though a haircut of at least 50 percent will be applied.

Capital / Liquidity

HKMA Updates Rules for Banks’ Equity Investments in Funds

By Editors | 22/11/2020

The HKMA consulted on local implementation of the standard in January 2019. The new consultation contains amendments reflecting industry feedback.

Capital / Liquidity

SGX to Enhance Clearing Member Default Management Process

By Editors | 22/11/2020

SGX proposes to align CDP’s default management practices with global standards and improve the efficiency and speed with which defaults may be resolved.

Capital / Liquidity

APRA Halves CBA Operational Risk Capital Add-on

By Editors | 20/11/2020

CBA has made “significant progress” in areas such as risk management and compliance, remuneration and risk culture, APRA says.

Capital / Liquidity

Sri Lanka Budget Offers Boost to Capital Markets, Banking Sector

By Duruthu E Chandrasekera | 19/11/2020

The government has proposed tax incentives for newly-listed companies and investment in REITs, in addition to proposals to strengthen the banking sector.

Capital / Liquidity

HKMA Consults on Local Implementation of Final Basel III Reforms

By Editors | 19/11/2020

The consultation is open until 6 January 2021, ahead of industry engagement in 2021, legislative amendments in 2022, and a 1 January 2023 target implementation date.

Capital / Liquidity

Progress of G-SIBs Toward Resolvability Deemed Satisfactory: FSB

By Editors | 19/11/2020

Most G-SIBs are estimated to already meet the final 2022 minimum external TLAC requirement, and the market has so far absorbed issuance without difficulty.