CAPITAL / LIQUIDITY

Capital / Liquidity

BSP to Cut Bank Bank Reserve Requirements in ‘Substantial’ Way

By Editors | 20/09/2024

Banks in the Philippines have offered to lower transaction costs on small-value fund transfers in exchange for lower reserve requirements.

Capital / Liquidity

French and German Banks Calling on RBI to Adjust Trading Rules

By Manesh Samtani | 19/09/2024

The existing rules would not be able to accommodate a third-party trading model proposed as a temporary solution to address ESMA’s derecognition of Indian CCPs.

Capital / Liquidity

US DOJ Probing Whether Banks Colluded During Archegos Wind-down

By Nithya Subramanian | 19/09/2024

The Justice Department is reportedly investigating whether some Wall Street banks coordinated stock sales during the Archegos collapse.

Capital / Liquidity

Sri Lanka Approves Offshore Banking Rules for Special Economic Zone

By Ajoy K Das | 17/09/2024

7 local banks and 3 international banks are reported to be in talks to establish offshore banking units in the Colombo Port City Special Economic Zone.

AML / KYC

Bangladesh Bank Forms Task Force on Banking Sector Reforms

By Ajoy K Das | 17/09/2024

The task force, led by BB governor Ahsan H Mansur, will assess current conditions in the banking sector and propose regulatory reforms.

Capital / Liquidity

Singapore Probes Payment Delays at E-Commerce Platform

By Nithya Subramanian | 16/09/2024

After Qoo10 failed to pay merchants in South Korea, there are reports of payment delays also affecting small vendors in Singapore.

Capital / Liquidity

Korea Unveils New Measures to Stamp Out Illegal Loans

By Thisanka Siripala | 14/09/2024

The FSC will take control of the registration process from local governments. Capital requirements and penalties for violations will also increase.

Capital / Liquidity

Korea to Introduce Stress Buffer Capital Requirement for Banks

By Thisanka Siripala | 13/09/2024

The requirement will apply to 17 commercial banks and eight financial holding firms, requiring them to hold extra capital based on their stress test results.

Capital / Liquidity

UK Publishes 2nd Policy Statement on Basel III Implementation

By Manesh Samtani | 13/09/2024

The new rules will come into force on 1 January 2026, which is six months later than was stated in the December proposal.