CAPITAL / LIQUIDITY

Capital / Liquidity

US Lawmakers Propose ‘Failed Bank Executives Clawback Act’

By Editors | 04/04/2023

The proposed bill would require the FDIC to claw back “all or part” of the compensation paid to executives in the five years preceding a bank’s failure.

Capital / Liquidity

RBNZ Finalises Framework for Imposing DTI-based Lending Curbs

By Editors | 03/04/2023

Banks have 12 months to prepare their systems for the possible implementation of mortgage lending restrictions based on debt-to-income ratios.

Capital / Liquidity

BSP Offers Regulatory Relief to Promote Islamic Banking

By Sanday Chongo Kabange | 03/04/2023

The BSP is offering relief from minimum capital requirements to incentivise conventional banks to develop the Islamic banking market.

Capital / Liquidity

Swiss Prosecutor Opens Criminal Probe Into Credit Suisse Takeover

By Editors | 03/04/2023

The prosecutor is looking into potential breaches of Switzerland’s criminal law by government officials, regulators and bank executives.

Capital / Liquidity

Biden Administration Calls for Stricter Rules for Midsize Banks

By Manesh Samtani | 02/04/2023

Banks with between $100bn and $250bn in assets would have to increase liquidity and capital, submit to enhanced stress tests, and write resolution plans.

Capital / Liquidity

NobleOak Life Breached Capital Requirements, Says APRA

By Editors | 31/03/2023

APRA said breaches are being remediated and are not connected to any recent financial market movements or developments.

Capital / Liquidity

FSB to Develop and Run Global Bank Stress Test

By Manesh Samtani | 31/03/2023

The FSB’s work programme for 2023 includes plans to develop and run a global bank stress test in cooperation with the BCBS.

Capital / Liquidity

UBS Plans to Run Credit Suisse Staff Through “Culture Filter”

By Editors | 30/03/2023

UBS chairman Colm Kelleher said the “culture filter” is needed to root out parts of Credit Suisse that had a “bad culture”.

Capital / Liquidity

HKEX to Increase Size of Futures Market Reserve Fund

By Manesh Samtani | 30/03/2023

HKFE Clearing Corporation has revised the default assumption used in calculating the Reserve Fund size.