A Wolters Kluwer survey has revealed that 76% of Singapore banks are in the 'data gap analysis' stage in their preparation for MAS 610/1003.
APRA says it may apply additional capital requirements to regulated institutions with material weaknesses in their governance and management of non-financial risks.
In a bid to boost banking system liquidity, the central bank has excluded investments in non-listed securities from banks’ capital market exposure calculations.
APRA proposes to give ADIs more flexibility in the way they assess mortgage loan serviceability, while also increasing the maximum borrowing capacity for a given borrower.
The RBNZ's capital proposals have been under fire since December. The NZBA is the latest to call for a rethink of the capital rules, citing economic costs estimated over NZ$1.8bn a year.
The Reserve Bank of New Zealand has revoked ANZ’s right to model its operational risk capital requirements due to persistent failures in controls.
ICBC was reportedly the first bank to lower its lending rate on small business loans, offering a rate of 4.5% in Q4 2018, compared to the PBOC's one-year benchmark lending rate of 4.35%.
Only Basel I rules will apply for the first three years after launch. Basel III will be phased in from the fourth year onwards, including NSFR and the leverage ratio.
The 200 basis point RRR cut will take place over three phases by end-July, and free up an estimated $3.6bn in banking system liquidity.
Despite the rise in overall NPLs at China's commercial banks, a boost in new lending and bad asset disposal resulted in lower NPL ratios.