Capital / Liquidity

Capital / Liquidity

MAS Announces Decision to Increase Deposit Insurance Limit

By Sanday Chongo Kabange | 24/09/2023

MAS will increase the maximum deposit insurance coverage from the current S$75,000 to S$100,000, starting from 1 April 2024.

Enforcement

FSS Korea Issues Warning Against Fisheries Cooperatives Federation

By Sanday Chongo Kabange | 24/09/2023

The FSS management cautions and improvement requests to the National Federation of Fisheries Cooperatives for a failed overseas investment.

Capital / Liquidity

RBI Extends Basel III Requirements to National Financial Institutions

By Editors | 22/09/2023

The five All India Financial Institutions will have to comply with Basel III capital adequacy requirements from April 2024.

Capital / Liquidity

MAS Finalises Framework for Designating Systemically Important Insurers

By Editors | 22/09/2023

The inaugural list of D-SIIs includes AIA Singapore; Income Insurance; Prudential Assurance; and Great Eastern Life.

Capital / Liquidity

APRA Considers Options for Making AT1 Bonds More Useful

By Manesh Samtani | 21/09/2023

APRA notes that most AT1 bonds in Australia are held by retail investors, which could make it more challenging to write them down in a bank resolution.

Capital / Liquidity

FSB Proposes Toolbox of Financial Resources and Tools for CCP Resolution

By Editors | 21/09/2023

New consultation report proposes a “toolbox approach” as a global standard for CCP financial resources and tools for resolution.

Capital / Liquidity

MAS Finalises Notice for Implement Basel III Reforms

By Editors | 21/09/2023

The revised MAS Notice 637 will be effective from 1 July 2024. An additional year is provided for compliance with revised market risk and CVA standards.

Capital / Liquidity

INTERVIEW: Hong Kong’s Codes On Takeovers, Mergers Ripe for Amendment

By Jill Wong | 20/09/2023

Roger Cheng, who used to head the takeovers team at Hong Kong’s SFC, talks to Regulation Asia about the proposed changes to the SFC’s codes on takeovers and mergers and share buy-backs.

Capital / Liquidity

First Chinese Insurer Approved to Issue Perpetual Bonds

By Editors | 17/09/2023

Taikang Life’s approval comes a year after Chinese regulators said they would allow insurance companies to issue perpetual bonds to replenish their capital.