CAPITAL / LIQUIDITY

Enforcement

Biden Seeks to Hold Executives Accountable for Bank Failures

By Editors | 20/03/2023

Joe Biden is asking Congress to make it easier for regulators to fine and ban executives of failed banks and claw back compensation.

Capital / Liquidity

IMF Approves $3b Funding Arrangement for Sri Lanka

By Editors | 20/03/2023

The Executive Board’s decision enables an immediate disbursement worth $333mn million. Sri Lanka agreed to fiscal, monetary, governance and anti-corruption reforms.

Capital / Liquidity

HKMA Proposes BELR, BCR Changes to Implement Basel III

By Editors | 20/03/2023

Proposed changes to the banking exposure limits rules and the banking capital rules are open for comment until 21 April.

Capital / Liquidity

Central Banks Coordinate Action to Ensure Global USD Liquidity

By Editors | 20/03/2023

From Monday until at least the end of April, the Fed and other central banks will make US dollars available on a daily basis, rather than weekly.

Capital / Liquidity

SVB Financial Files for Chapter 11 Bankruptcy Protection

By Editors | 20/03/2023

The bankruptcy filing means SVB Financial can apply to the courts to resume activities while it looks for buyers for its assets.

Capital / Liquidity

Swiss Regulators Orchestrate UBS Takeover of Credit Suisse

By Manesh Samtani | 20/03/2023

The deal gives Credit Suisse shareholders shares in UBS worth just 40 percent of what their CS shares were worth on Friday.

Capital / Liquidity

China Responds to US Banking Crisis With RRR Cut

By Editors | 19/03/2023

State media said the RRR cut reflects the Chinese government’s “responsibility to the world” after it resisted following the US in raising interest rates.

Capital / Liquidity

South Korea to Enhance Banks’ Ability to Absorb Losses

By Editors | 17/03/2023

Regulators intend to introduce a new capital buffer system which will be based on banks’ risk management and stress test results.

Capital / Liquidity

Credit Suisse to Borrow Over $50b from Central Bank Facilities

By Editors | 17/03/2023

The bank will also repurchase some of its senior debt securities as part of efforts to manage its liability composition and optimise interest expense.