Capital / Liquidity

Capital / Liquidity

BOE to Include Hedge Funds, Pension Funds in Scenario Exercises

By Editors | 20/06/2023

The system-wide exploratory scenario will encompasses hedge funds and pension funds alongside large banks, insurers, and CCPs for the first time.

Capital / Liquidity

BNM Seeks Feedback on Impaired Loans Disposal Rules

By Mark Johnston | 19/06/2023

The exposure draft sets out new requirements and guidance for sellers and buyers of impaired loans/financing.

Capital / Liquidity

Henan Bank Fraud: PBOC to Refund Customers With Deposit Insurance

By Editors | 19/06/2023

The PBOC has agreed to mobilise over CNY 10 billion from the national deposit insurance fund to repay customers who were defrauded by four rural banks.

Capital / Liquidity

Taiwan Implements Additional Controls on Mortgage Lending

By Editors | 17/06/2023

The central bank attributed the tighter credit controls to the increasing number of individuals taking out mortgages for second homes.

Capital / Liquidity

China Set to Unveil New Stimulus, On Top Of Rate Cuts

By Manesh Samtani | 15/06/2023

Regulators are expected to further lower mortgage costs, boost re-lending through policy banks, and cut banks’ reserve requirements.

Capital / Liquidity

US Lawmaker Calls for Reversal of FSOC Plans for Nonbank FIs

By Editors | 14/06/2023

Patrick McHenry said the FSOC’s plans to designate non-bank financial entities as systemically important based on size rather than activities will be problematic.

Capital / Liquidity

MAS Finalises Implementation Timelines for Basel III Reforms

By Ranamita Chakraborty | 13/06/2023

All the reforms will be effective in Singapore from 1 July 2024, except the revised market risk framework and CVA standards. The output floor will be phased in over five years.

Capital / Liquidity

HSBC Forms New ‘Innovation Banking’ Division Out of SVB UK Acquisition

By Sanday Chongo Kabange | 13/06/2023

The new ‘HSBC Innovation Banking’ brand will roll out globally in the coming months, with innovation-focused teams in the UK, US, Israel and Hong Kong.

Capital / Liquidity

UBS Closes Credit Suisse Deal, Imposes ‘Red Lines’ on Bankers

By Manesh Samtani | 13/06/2023

FINMA said its intensive supervision will “definitely continue”. MAS said it expects both banks to handle the implications for jobs “responsibly”.