CAPITAL / LIQUIDITY

Capital / Liquidity

Hong Kong Phase 2 Enhancements to Depositor Protection Scheme

By Editors | 04/01/2025

The measures provide enhanced coverage to affected depositors upon a bank merger or acquisition

Capital / Liquidity

HKMA Finalises Guidance, Reporting Form for CCyB Framework

By Editors | 02/01/2025

Reporting institutions should submit the revised return form starting from the reporting position as of 31 March 2025.

Crypto / Digital Assets

Philippine SEC Proposes New Regulatory Framework for Crypto

By Manesh Samtani | 02/01/2025

The rules cover capital requirements, consumer protection, disclosures and marketing, AML compliance, market abuse, and cybersecurity.

Capital / Liquidity

Bangladesh Bank Issues Revised Stress Testing Guidelines for Banks

By Editors | 02/01/2025

The revised guidelines require all scheduled banks to conduct stress tests quarterly, including assessments of the impacts of climate-related risks.

Capital / Liquidity

Korea Finalises Industry Rules to Improve Bank Lending Standards

By Manesh Samtani | 01/01/2025

The self-regulatory rules strengthen verification procedures for loan documents, collateral value, lease agreements, and use of funds monitoring.

Crypto / Digital Assets

Cambodia Issues New Regulatory Framework for Crypto

By Manesh Samtani | 30/12/2024

Banks can only have direct exposure to Group 1 cryptoassets. Services offered to customers can include other cryptoassets.

Enforcement

SFC Imposes Fine and Lifetime Ban Against Fund Manager

By Editors | 28/12/2024

The SFC said the former fund manager’s removal from the industry is “necessary to protect the investing public”.

Capital / Liquidity

US Fed Proposes Changes to Bank Stress Testing Framework

By Editors | 26/12/2024

Five US banking lobby groups filed a lawsuit a day later to force the Fed to increase transparency of its stress testing framework.

Fintech / Regtech

FSC Korea Announces Schedule for Internet-only Bank Applications

By Manesh Samtani | 26/12/2024

Six consortia are interested in applying for an internet-only bank licence. Applicants with links to established FIs are seen as leading candidates.