Capital Regulation

Based on recent BCBS/IOSCO guidance, ISDA estimates that regulatory IM preparation can be deferred for upwards of 70-80% of Phase 5 counterparty relationships.

In Asia, most jurisdictions have made progress with Basel III adoption, though most have yet to make progress on non-cleared derivatives margining and CCP regulation.

The second phase of the programme is aimed at helping troubled borrowers who owe credit card and personal loan debt to both bank and non-bank lenders.

The central bank has opted to use its national discretion in key areas in credit, market and operational risk management.

China’s central bank has cut the reserve requirement ratio for smaller, locally focused banks. This is the sixth RRR cut since the start of 2018.

Following BOC's perpetual bond issuance in January, 10 more Chinese banks have announced plans to issue similar bonds, including ABC, ICBC and CCB.

The RBI has been ordered by the India's highest court to disclose its annual banking inspection report, which contains sensitive commercial information of banks.

The new rules broaden the range of assets banks have to classify. If more than 5% of a borrower's loans are 90 days past due, all loans from that borrower will be classified as non-performing.

Eight major jurisdictions are yet to adopt resolution planning. Further work is needed on resolution planning for D-SIBs and other banks, as well as on cross-border cooperation on bank resolutions.

SEBI slashes minimum net worth requirements for clearing corporations operating in India's international financial services centre from 3 billion to 1 billion rupees.