CAPITAL / LIQUIDITY

Capital / Liquidity

FDIC to Pursue Legal Action Against 17 Former SVB Executives

By Editors | 19/12/2024

Chairman Martin Gruenberg said the executives breached their duties by mismanaging Silicon Valley Bank’s securities portfolios.

Capital / Liquidity

SFC Sets Liquidity Risk Management Expectations for MMFs

By Manesh Samtani | 18/12/2024

MMF managers should use LMTs to ensure fair treatment of both redeeming and remaining investors when meeting redemption requests.

Capital / Liquidity

Korea Amends Rules for on Investors’ Foreign Currency Deposits

By Editors | 17/12/2024

The regulatory amendment increases the proportion of investors’ USD and JPY funds that securities firms have to deposit with the KSFC.

Capital / Liquidity

HKEX to Accept CGBs as Collateral for Swap Connect from 13 Jan

By Sanday Chongo Kabange | 17/12/2024

From 13 January, China government bonds held through Bond Connect can be used as collateral for Northbound Swap Connect.

Capital / Liquidity

HKMA Publishes Five Revised SPM Modules in Gazette

By Editors | 17/12/2024

The revised modules mainly include updates to cater for the implementation of Basel III rules on exposure limits and liquidity.

Capital / Liquidity

HKMA Issues Supplementary Guidance on Revised Credit Risk Framework

By Editors | 16/12/2024

The HKMA said the new supplementary guidance is intended to facilitate “consistent application” of the revised credit risk framework.

Capital / Liquidity

Thailand Launches Debt Relief Measures for Retail and SME Borrowers

By Editors | 16/12/2024

The measures include a pause on interest payments and decreases in principal payments to alleviate the burden on retail and SME borrowers.

Capital / Liquidity

AllianceBernstein to Sue Switzerland Over Credit Suisse AT1 Writedown

By Editors | 16/12/2024

AllianceBernstein will be the first large institutional investor to sue Switzerland over its decision to write down Credit Suisse’s AT1 bonds last year.

Capital / Liquidity

HKMA Issues Revised Guidelines on Fair Value Practices

By Editors | 16/12/2024

The revisions are mainly to better align with the “Prudent valuation guidance” under CAP50 of the Consolidated Basel Framework.