The report prepared by BCBS, CPMI and IOSCO has called for enhanced information sharing, better governance frameworks and greater transparency.
The draft regulations will specify the classes of clearing and settlement services that are subject to ASIC's rules and the CCA's arbitration regime.
Perpetual bonds, also known as “discos", have a complex structure that could hamper the resolution of the bank in a crisis, the EBA said.
The banks have been accused of maintaining similar terms and conditions to avoid price wars and maximise profits.
The NAFR added a new financial leverage indicator and new liquidity supervision indicators for financial leasing company evaluations.
The new regulations tighten th caps on interest rates and late fees while also lowering borrowing limits imposed on debtors.
While offering capital efficiency benefits, VaR models pose challenges for CCPs due to their increased complexity and reduced transparency.
The legislative amendments allow financial firms to transfer foreign currency loan receivables to overseas entities.
The reforms are aimed at enhancing the efficiency and safety of the Philippine payments system.
For a bank to distribute dividends, its net NPA ratio must be below 6%, with the maximum payout ratio capped at 50%.
Loading more posts...
Sorry, no more posts
No more pages to load