Capital / Liquidity

Capital / Liquidity

BCBS, FSB Consider Changes to Global Banking Rules

By Editors | 19/04/2023

Fitch Ratings says global standard-setters may adjust the existing prudential and resolution frameworks, potentially making IRRBB a Pillar 1 requirement.

Big Picture

BIS Paper Calls for Fiscal Reforms to Support Financial Stability

By Mark Johnston | 18/04/2023

A new BIS paper proposes policy measures to tackle the risks that arise from the link between fiscal policy and financial stability.

Capital / Liquidity

Korea to Ease Rules on Overseas Business by Certain Securities Firms

By Editors | 17/04/2023

The revisions will enable overseas subsidiaries of “comprehensive financial investment service providers” to provide corporate credit in overseas markets more easily.

Capital / Liquidity

Chinese D-SIBs to Start Issuing TLAC Bonds by June

By Editors | 17/04/2023

China’s four G-SIBs have started working on issuing their first TLAC bonds. Each bank is planning to raise at least CNY 10 billion.

Capital / Liquidity

Fed Approves UBS Acquisition of Credit Suisse US Subsidiaries

By Editors | 16/04/2023

UBS needs authorities in 58 countries to approve the merger, which will create a business with more than $5tr in total invested assets.

Capital / Liquidity

FDIC Official Says 2018 Rule Changes Did Not Cause SVB Failure

By Manesh Samtani | 14/04/2023

SVB’s collapse was mostly attributable to mismanagement of interest rate risk. Regulatory change should be evaluated “thoughtfully”.

Capital / Liquidity

Taiwan FSC Orders Insurers to Raise RBC Ratios or Face Takeover

By Editors | 13/04/2023

The FSC has ordered CTBC, Fubon, Tokio Marine and Hotai to raise capital by the end of June this year or face takeover within 90 days.

Capital / Liquidity

UBS-Credit Suisse Merger Continues to See Opposition

By Editors | 13/04/2023

Swiss lawmakers symbolically voted against a liquidity package to support the merger, which is expected to formally close within a few months.

Capital / Liquidity

Recent Banking Sector Turmoil to Inform FSB’s Policy Work

By Editors | 12/04/2023

FSB working with BCBS to analyse and learn from recent banking sector turmoil. Cyber incident reporting recommendations also finalised.