Capital / Liquidity

Fintech / Regtech

FSC Korea Announces Schedule for Internet-only Bank Applications

By Manesh Samtani | 26/12/2024

Six consortia are interested in applying for an internet-only bank licence. Applicants with links to established FIs are seen as leading candidates.

Capital / Liquidity

Findings Released from Probe into Credit Suisse Rescue Deal

By Manesh Samtani | 25/12/2024

The parliamentary probe found shortcomings but “no misconduct” by Swiss authorities and said they ultimately “prevented a global financial crisis”.

Securities / Derivatives

Korea Announces Measures to Restore FX Market Stability and Strengthen FIs

By Manesh Samtani | 21/12/2024

Banks allowed to borrow more USD overseas; regulations on stress buffer capital and foreign currency liquidity stress tests deferred; risk weighting changes

Capital / Liquidity

FSB Proposes Recommendations to Address Leverage in NBFI

By Editors | 19/12/2024

The policy recommendations seek to address financial stability risks arising from leverage in non-bank financial institutions.

Capital / Liquidity

PBOC Warns FIs Against Excessive Bond Market Trading

By Manesh Samtani | 19/12/2024

The PBOC revealed that comprehensive investigations were underway to crack down on possible bond market violations.

Capital / Liquidity

FDIC to Pursue Legal Action Against 17 Former SVB Executives

By Editors | 19/12/2024

Chairman Martin Gruenberg said the executives breached their duties by mismanaging Silicon Valley Bank’s securities portfolios.

Capital / Liquidity

SFC Sets Liquidity Risk Management Expectations for MMFs

By Manesh Samtani | 18/12/2024

MMF managers should use LMTs to ensure fair treatment of both redeeming and remaining investors when meeting redemption requests.

Capital / Liquidity

Korea Amends Rules for on Investors’ Foreign Currency Deposits

By Editors | 17/12/2024

The regulatory amendment increases the proportion of investors’ USD and JPY funds that securities firms have to deposit with the KSFC.

Capital / Liquidity

HKEX to Accept CGBs as Collateral for Swap Connect from 13 Jan

By Sanday Chongo Kabange | 17/12/2024

From 13 January, China government bonds held through Bond Connect can be used as collateral for Northbound Swap Connect.