Capital / Liquidity

Capital / Liquidity

MAS Raises OCBC Capital Requirement for Scam Incident

By Editors | 27/05/2022

OCBC has to apply a 1.3x multiplier to its RWA for operational risk, which translates to additional regulatory capital of S$330mn.

Capital / Liquidity

How Canada’s Big Banks Used Their War Chests During the Pandemic

By Lalinda Sugathadasa | 25/05/2022

Lalinda Sugathadasa analyses the approach Canadian regulators and D-SIBs adopted during the pandemic to remain profitable despite a build-up of excess capital.

ESG / Sustainability

BOE Publishes Results of First Supervisory Climate Stress Test

By Manesh Samtani | 25/05/2022

Without early action, the UK’s largest banks and insurers would suffer climate-related losses worth $418bn by 2050.

Fintech / Regtech

ISDA Analysis Shows Effectiveness of Crypto Hedging

By Editors | 24/05/2022

The analysis suggests that a less punitive capital framework should be considered for banks’ exposures to Bitcoin and Ethereum.

Capital / Liquidity

CBIRC Issues Rules to Standardise ECL Processes at Banks

By Darien Choong | 22/05/2022

The rules will address differences in how banks have implemented the ECL method, and prevent its use as a “tool” to adjust profits.

AML / KYC

ISDA AGM Highlights Global Scrutiny of Crypto Sector

By Manesh Samtani | 14/05/2022

Senior officials from the FSB, Basel Committee, US SEC, and CFTC spoke at ISDA’s AGM about the need for more regulation in the crypto sector.

Capital / Liquidity

CBSL Direct Banks to Halt Dividends as Sri Lanka Crisis Ensues

By Duruthu E Chandrasekera | 13/05/2022

Sri Lanka has appointed a new prime minister after protests turned violent. Banks are told to suspend discretionary payments through the “prevailing macroeconomic tumult”

Capital / Liquidity

BSP Issues Guidelines on Strengthening Rural Bank Competitiveness

By Editors | 11/05/2022

The guidelines set out options to strengthen the rural banking sector, including through mergers, acquisitions or third party investment.

Capital / Liquidity

FSC Korea Directs Banks to Strengthen Capital, Risk Management

By Editors | 11/05/2022

Banks are asked to strengthen loss absorption capacity, FX liquidity management, credit risk monitoring and bad debt provisioning.