Capital / Liquidity

William Coen and Dr Maximilian Dyck discuss the standardisation of Basel III data using bankruptcy remoteness and fair value accounting as examples.

Proposed amendments would lower the interest rate cap from 60 to 48 percent p.a., and the so-called 'extortionate' rate from 48 to 36 percent p.a.

The higher lending caps are intended to account for rising housing prices and customer needs, the RBI said.

The central bank also adjusted its base interest rate and announced plans to issue a 6-month savings bond that will pay 20 percent annualised interest.

The FSC has granted TAIFEX recognition as a QCCP ahead of the launch, which will boost capital efficiency for market participants.

Responsible lending laws introduced in December have been blamed for causing tighter credit conditions for New Zealand borrowers.

The BOE said it found shortcomings in resolution plans prepared by HSBC, Lloyds Banking Group and Standard Chartered.

General clearing participants have to maintain liquid capital of HK$100mn for their first five non-clearing participants, and HK$20mn for each additional non-clearing participant.

12 principles are aimed at banks and 6 are aimed at financial supervisors and regulators. Implementation is expected "as soon as possible".

Lenders must ensure they are operationally ready by September to implement loan limits based on DTI multiples or LTV ratios.