CAPITAL / LIQUIDITY

Sanctions

Austria’s Raiffeisen Working to Sell 60pc of Russian Unit

By Editors | 31/07/2024

Raiffeisen is trying to coordinate with Russian, European and US authorities to sell a 60% stake in its Russian unit.

Big Picture

Stablecoins Weaken Liquidity Ratios of Banks: ECB Paper

By Editors | 31/07/2024

Banks that issue their own stablecoins or collect deposits from stablecoin issuers would see their liquidity ratios decline.

Capital / Liquidity

Korea Works to Address Liquidity Crisis at E-commerce Platforms

By Nithya Subramanian | 31/07/2024

The FSC announced a KRW 560 billion rescue package to support vendors impacted by a liquidity crisis at two e-commerce platforms.

Capital / Liquidity

RBI Issues Directions on Treatment of Wilful Defaulters

By Ajoy K Das | 31/07/2024

The RBI has introduced stringent measures for wilful defaulters, including a ban on credit facilities and restructuring, based on a transparent classification process.

Fintech / Regtech

China Implements Tighter Rules for Non-Bank Payments Platforms

By Editors | 31/07/2024

The rules impose stricter licensing, business management, risk management and user protection requirements on non-bank payment institutions.

Capital / Liquidity

Korea Intensifies Efforts to Clean Up Real Estate PF Market

By Manesh Samtani | 30/07/2024

The FSS has conducted on-site inspections at non-bank FIs and set a February 2025 timeline for when distressed real estate PF projects should be resolved.

Capital / Liquidity

RBI Issues PCA Framework for Urban Cooperative Banks

By Ajoy K Das | 29/07/2024

Like commercial banks and NBFCs, UCBs will be required to take certain actions if they breach risk thresholds relating to capital, asset quality, and profitability.

Crypto / Digital Assets

Swiss FINMA Publishes New Guidance on Stablecoins

By Editors | 29/07/2024

The guidance sets out new rules on deposit guarantees, which stablecoin issuers can obtain from banks instead of obtaining their own banking licences.

Capital / Liquidity

EU Adopts Delegated Act to Postpone FRTB Implementation

By Manesh Samtani | 26/07/2024

FRTB will be postponed in the EU to “preserve the global level playing field” for internationally active European banks in respect of their trading activities.