CAPITAL / LIQUIDITY

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.

Capital / Liquidity

China Vows ‘Special Actions’ to Boost Domestic Economy

By Editors | 15/12/2024

President Xi Jinping pledged lower interest rates, reduced reserve requirements for banks, and “special actions” to boost consumption.

Capital / Liquidity

RBNZ Amends Interim Solvency Standard for Insurers

By Sanday Chongo Kabange | 13/12/2024

The RBNZ says the amendments will ensure sufficient capital is set aside against pricing risks as well as credit risk on bonds.

Capital / Liquidity

Fallout from Martial Law Declaration Continues in Korea

By Manesh Samtani | 12/12/2024

BOK injects liquidity. FSC chairman meets with foreign FIs and domestic firms. FSS governor asks analysts to trust in Korea’s economic fundamentals.

Capital / Liquidity

BCBS Finalises Guidelines on Managing Counterparty Credit Risk

By Editors | 12/12/2024

The guidelines emphasise the importance of counterparty due diligence, good governance and reliable data management.

Capital / Liquidity

RBNZ Publishes Results of ‘Digital Cash’ Consultation

By Sanday Chongo Kabange | 11/12/2024

If ‘digital cash’ is introduced, the earliest it would be is 2030. The RBNZ confirmed that issuing physical cash would remain a priority.

Capital / Liquidity

FSB Issues Recommendations to Enhance Non-banks’ Liquidity Preparedness

By Manesh Samtani | 11/12/2024

The recommendations cover liquidity risk management and governance, stress testing and scenario design, and collateral management practices.

Capital / Liquidity

New Zealand to Raise Kiwibank’s Capital to Enhance its Competitiveness

By Editors | 11/12/2024

The government has also set new expectations for the RBNZ emphasising that it must place greater emphasis on competition in the banking sector.