Capital / Liquidity

Crypto / Digital Assets

Crypto Firm Celsius Network Accused of Running Ponzi Scheme

By Editors | 12/07/2022

A lawsuit filed by a former Celsius money manager says the company mismanaged customer funds, failed to perform basic internal auditing, and manipulated crypto-assets.

Capital / Liquidity

HKMA Issues Revised Capital Adequacy Ratio Return

By Editors | 12/07/2022

The changes are mainly to cater for banks’ reporting of equity investments in funds in accordance with the requirements that came into effect on 1 July.

Capital / Liquidity

ECB Climate Stress Test Finds Bank Practices Lacking

By Editors | 11/07/2022

60% of banks don’t have a climate risk stress testing framework. Only 20% of banks consider climate risk when granting loans.

Capital / Liquidity

RBI Announces Measures to Cushion Falling Rupee

By Editors | 09/07/2022

The RBI has exempted FPIs from a cap on investments in government securities and corporate bonds. FPIs can also buy short-duration corporate debt.

Crypto / Digital Assets

Crypto Firm Voyager Digital Files for Bankruptcy, FDIC Opens Probes

By Editors | 08/07/2022

Voyager previously used wording on a company web page implying that deposit protection could apply in the event of the company’s own failure.

Capital / Liquidity

HKMA Consults on Implementation of Basel III Reforms

By Editors | 08/07/2022

The proposed amendments relate to the implementation of Basel III final reform package, specifically in relation to credit risk and the output floor.

Capital / Liquidity

BCBS Issues Guidance for Supervisors on Proportionality

By Editors | 08/07/2022

Proportionate approaches provide regulatory certainty without being overly static, which can create favourable operating environments for both banks and supervisors.

Capital / Liquidity

APRA Proposes Enhanced Disclosures on Remuneration, Risk Metrics

By Editors | 07/07/2022

APRA proposes to require FIs to publicly disclose how their remuneration arrangements are designed and how risk is factored into remuneration outcomes for key executives.

Capital / Liquidity

JSCC to Change Margin Calculation Method for Listed Derivatives

By Editors | 06/07/2022

The JSCC will release VaR margin calculation software for beta testing later this year. Go-live is planned for the October-December quarter of 2023.