Capital / Liquidity

Capital / Liquidity

CBIRC Raises Leverage Limits for Microfinance Companies

By Editors | 20/09/2020

Microfinance companies can issue standardised debts such as bonds and ABS products up to 4 times net assets, compared to 0.5 to 3 times net capital previously.

Capital / Liquidity

Stress Tests Reinforce Need for More Bank Capital: RBNZ

By Manesh Samtani | 19/09/2020

While all banks will be able to continue lending in a ‘pessimistic baseline’ scenario, capital would fall under regulatory minimums in a ‘very severe’ scenario.

Big Picture

Firms Lagging in Preparations for UMR Compliance: Survey

By Manesh Samtani | 19/09/2020

State Street found that 19% of Phase 5 and 6 firms are fully prepared for UMR compliance. Hedge funds are said to be the least prepared for compliance.

Capital / Liquidity

Taiwan FSC Fines Shin Kong Life for Endangering Solvency

By Editors | 17/09/2020

The FSC has also suspended the Shin Kong Life’s chairman, who was responsible for the investment decisions that threatened the insurer’s financial strength.

Capital / Liquidity

APRA Proposes Updates to Bank Liquidity Reporting Requirements

By Editors | 17/09/2020

APRA has identified areas where reporting instructions can be clarified to facilitate the provision of timely information on bank liquidity risk.

Capital / Liquidity

Korean Financial Groups to Start Publishing Integrated Disclosures

By Editors | 16/09/2020

Samsung, Mirae Asset, Hanwha, Hyundai Motor, Kyobo and DB will start publishing group-wide integrated disclosures from end-September.

Capital / Liquidity

RBI Orders Banks to Automate Asset Classification, Provisioning

By Editors | 16/09/2020

The RBI has given banks until 30 June 2021 to upgrade their systems to automate all asset classification, provisioning calculation and income recognition processes.

Capital / Liquidity

ISDA, CCDC to Promote Global Use of China Bonds as Collateral

By Editors | 15/09/2020

ISDA and the CCDC will soon publish research making the case for yuan-denominated bonds to be used internationally as collateral.

Capital / Liquidity

PBOC Publishes Final Rules for Financial Holding Companies

By Editors | 14/09/2020

Existing groups that meet the requirements have 12 months to apply to the PBOC for establishment and licensing, with at least CNY 5 billion in registered capital.