CAPITAL / LIQUIDITY

Capital / Liquidity

PBOC Unexpectedly Cuts Rates to Stimulate Economy

By Editors | 23/07/2024

The PBOC also said banks can apply for a phased reduction or exemption of MLF collateral if they intend to sell medium- and long-term bonds.

Capital / Liquidity

APRA Requires OnePath Custodians to Pay A$10.7m

By Sanday Chongo Kabange | 23/07/2024

Deputy Chair Margaret Cole said APRA’s patience for entities who are still struggling with foundational issues has “run out”.

Capital / Liquidity

US Banks Not Managing Operational Risk Well, OCC Finds

By Nithya Subramanian | 23/07/2024

Confidential assessments by the OCC reportedly found that many banks scored poorly on their management of operational risk.

Capital / Liquidity

BOK Enhances Ability to Provide Liquidity Support During Crisis

By Manesh Samtani | 23/07/2024

Six central associations can engage in repo transactions with BOK, enabling them to obtain liquidity in the event of a crisis.

Enforcement

APRA Reduces Westpac’s Operational Risk Capital Add-on

By Sanday Chongo Kabange | 19/07/2024

APRA reduced Westpac’s A$1bn operational risk capital add-on by half in response to progress made to address risk governance concerns.

Crypto / Digital Assets

BCBS Publishes Final Standards for Bank Crypto Exposures

By Manesh Samtani | 17/07/2024

The BCBS published final amendments to the prudential standard and the final disclosure framework for banks’ cryptoasset exposures.

Capital / Liquidity

BCBS Finalises Targeted Adjustments to IRRBB Standard

By Editors | 17/07/2024

The BCBS adjusted the specified interest rate shocks in the IRRBB standard and the methodology used to calculate the shocks.

Enforcement

FSS Korea Launches Bank Inspections to Assess Lending

By Editors | 16/07/2024

The FSS will assess whether banks are managing loans appropriately and complying with the DSR limits and other regulations.

Capital / Liquidity

China’s Liaoning Province Merging 36 Banks Into One Institution

By Manesh Samtani | 15/07/2024

Liaoning Rural Commercial Bank is absorbing 25 rural commercial banks and 11 village banks as part of a central government plan to reform the rural credit system in China.