Capital / Liquidity

Capital / Liquidity

Continued Vigilance Needed from Banks, Supervisors: BCBS

By Manesh Samtani | 07/06/2023

The BCBS highlighted the need for ongoing monitoring and mitigation of near-term interest rate and credit risk.

Capital / Liquidity

BIS Head Calls For “More Intrusive” Banking Supervision

By Manesh Samtani | 06/06/2023

Agustín Carstens says supervisors need to continuously seek to improve their capabilities by accessing greater resources and leveraging technology.

Capital / Liquidity

IRDAI Orders SBI Life to Take Over Sahara India Life

By Ranamita Chakraborty | 05/06/2023

Sahara Life’s financial position has been deteriorating with rising losses and a higher percentage of claims to total premiums.

AML / KYC

SFC Issues Guidance on Crypto Licensing Transitional Arrangements

By Manesh Samtani | 05/06/2023

Crypto firms with “meaningful and substantial presence” in Hong Kong prior to 1 June 2023 can continue to provide services.

Capital / Liquidity

New Global Database of Credit Loss Metrics Launched

By Editors | 04/06/2023

New database provides estimations of macro-implied credit loss rates across jurisdictions, including to project future losses.

Capital / Liquidity

Credit Suisse Bankers Sue FINMA Over Lost Bonuses

By Editors | 04/06/2023

Some Credit Suisse bankers had their bonus awards based on AT1 bonds, which were wiped out in the government-orchestrated rescue in March.

Capital / Liquidity

CBSL Starts Policy Easing Cycle to Revamp Economy

By Duruthu E Chandrasekera | 02/06/2023

The CBSL has lowered interest rates by 2.5 percent in a bid to restart credit flows and boost growth in the real economy.

Crypto / Digital Assets

EU Proposes Lower Risk Weights for Stablecoins, Tokenised Assets

By Mark Johnston | 02/06/2023

Stablecoins backed by non-fiat assets such as gold would have a 250% risk weight. Those backed by fiat currency would be treated the same as the underlying.

Capital / Liquidity

HKMA Consults on Output Floor, Credit Risk Framework

By Editors | 31/05/2023

The consultation focuses on the implementation of the revised credit risk framework and the output floor.