Capital / Liquidity

Capital / Liquidity

RBI Orders Banks to Automate Asset Classification, Provisioning

By Editors | 16/09/2020

The RBI has given banks until 30 June 2021 to upgrade their systems to automate all asset classification, provisioning calculation and income recognition processes.

Capital / Liquidity

ISDA, CCDC to Promote Global Use of China Bonds as Collateral

By Editors | 15/09/2020

ISDA and the CCDC will soon publish research making the case for yuan-denominated bonds to be used internationally as collateral.

Capital / Liquidity

PBOC Publishes Final Rules for Financial Holding Companies

By Editors | 14/09/2020

Existing groups that meet the requirements have 12 months to apply to the PBOC for establishment and licensing, with at least CNY 5 billion in registered capital.

Capital / Liquidity

HKMA Published Revised SPM on Non-Cleared OTC Derivatives

By Editors | 14/09/2020

Banks currently in scope of the margin requirements and risk mitigation standards have until 1 September 2021 to comply wth the revised supervisory policy manual.

Capital / Liquidity

Sri Lanka Eases Shareholder Limits on Commercial Banks

By Duruthu E Chandrasekera | 14/09/2020

Multilateral agencies such as the World Bank and IFC can hold up to 20% of a commercial bank. Other firms or institutions can hold up to 15%.

Capital / Liquidity

India Supreme Court Temporarily Extends Borrower Relief

By Editors | 11/09/2020

The extension gives the government two weeks to decide on whether to extend a loan moratorium for borrowers and whether an interest waiver is warranted.

Capital / Liquidity

APRA Formalises Updated Guidance on Treatment of Deferred Loans

By Editors | 09/09/2020

Banks need not treat deferred loans as past due or impaired for capital or reporting purposes until after 31 March. New reporting requirements now apply.

Capital / Liquidity

ISDA Chief Urges Continued Work on Initial Margin Implementation

By Editors | 09/09/2020

Phase 5 implementation will be the most demanding phase yet, and firms will need to be ready well in advance to avoid a last-minute compliance bottleneck.

Capital / Liquidity

RBI Issues Framework for Covid-related Loan Restructuring

By Editors | 09/09/2020

The framework sets out sector-specific floor and ceiling thresholds for five financial ratios that lenders mandatorily have to consider when restructuring loans.