Capital / Liquidity

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.

Capital / Liquidity

Findings Released from Probe into Credit Suisse Rescue Deal

By Manesh Samtani | 25/12/2024

The parliamentary probe found shortcomings but “no misconduct” by Swiss authorities and said they ultimately “prevented a global financial crisis”.

Securities / Derivatives

Korea Announces Measures to Restore FX Market Stability and Strengthen FIs

By Manesh Samtani | 21/12/2024

Banks allowed to borrow more USD overseas; regulations on stress buffer capital and foreign currency liquidity stress tests deferred; risk weighting changes

Capital / Liquidity

FSB Proposes Recommendations to Address Leverage in NBFI

By Editors | 19/12/2024

The policy recommendations seek to address financial stability risks arising from leverage in non-bank financial institutions.

Capital / Liquidity

PBOC Warns FIs Against Excessive Bond Market Trading

By Manesh Samtani | 19/12/2024

The PBOC revealed that comprehensive investigations were underway to crack down on possible bond market violations.

Capital / Liquidity

FDIC to Pursue Legal Action Against 17 Former SVB Executives

By Editors | 19/12/2024

Chairman Martin Gruenberg said the executives breached their duties by mismanaging Silicon Valley Bank’s securities portfolios.