Capital / Liquidity

Capital / Liquidity

CBIRC Revises Rating System for Foreign Bank Branches

By Editors | 03/01/2023

The new framework increases the weighting on compliance, and includes point deductions for mismanagement and increases in business risk.

Capital / Liquidity

BaFin Imposes Capital Charge on StanChart’s German Unit

By Editors | 23/12/2022

The regulator said the bank’s internal organisation did not meet legal requirements, without disclosing further details.

Capital / Liquidity

APRA to Set CCyB Default Rate at 1pc from 1 Jan 2023

By Editors | 22/12/2022

The CCyB default rate in Australia has been set at zero percent of risk-weighted assets since it was introduced in 2016.

Crypto / Digital Assets

HKMA Intends to Implement BCBS Cryptoasset Standards

By Editors | 22/12/2022

The HKMA plans to implement the Basel standards on the treatment of cryptoasset exposures locally by 1 January 2025, in accordance with the BCBS timetable.

Capital / Liquidity

RBI Directs Banks to Improve Financial Statement Disclosures

By Editors | 22/12/2022

The RBI has asked banks to disclose more information when “Other Liabilities and Provisions” and “Other Assets” items exceed 1% of total assets.

Capital / Liquidity

Korean Banks to Resume Bond Issuance as Markets Stabilise

By Mark Johnston | 22/12/2022

South Korea’s corporate bond market is showing signs of recovery, prompting banks to resume bond issuance to replace maturing debt.

Crypto / Digital Assets

Audit Firms Are Exiting Relationships with Crypto Clients

By Mark Johnston | 21/12/2022

Mazars and Armanino have stopped serving clients in the crypto sector. BDO is reconsidering its approach to the sector.

Capital / Liquidity

US Regulators Identify Flaws in Resolution Plans of Two Major Banks

By Editors | 20/12/2022

Credit Suisse’s resolution plan had two deficiencies relating to its cash flow forecasting capabilities and governance for its US operations. BNP Paribas had one shortcoming.

Capital / Liquidity

MAS to Defer Implementation of Final Basel III Reforms

By Editors | 20/12/2022

MAS said it will defer the implementation of the final Basel III reforms in Singapore, to between 1 January 2024 and 1 January 2025.