CAPITAL / LIQUIDITY

Capital / Liquidity

Finance Leaders Highlight Risks, Opportunities at Key Hong Kong Summit

By Manesh Samtani | 08/11/2023

Chinese vice premier He Lifeng pledged continued support for Hong Kong. CSRC vice chairman Wang Jianjun discussed efforts to further expand Stock Connect.

Capital / Liquidity

CSRC Proposes to Relax Capital Rules for Securities Firms

By Editors | 07/11/2023

The proposal adjusts the way securities firms calculate risk weightings, effectively reducing their capital requirements and allowing them to deploy more funds into the capital market.

Capital / Liquidity

FSOC Revamps Oversight Framework for Non-Bank Sector

By Editors | 06/11/2023

The changes will make it easier for the FSOC to designate a non-bank as systemically importance, and speed up its ability to respond to risks.

Capital / Liquidity

Korea Proposes Measures to Help Financial Firms Expand Overseas

By Editors | 05/11/2023

Financial companies within a holding group will be allowed to extend an additional credit to overseas subsidiaries.

Capital / Liquidity

FSC Korea Approves Rule Changes to Boost Bank Loss Absorbing Capacity

By Manesh Samtani | 03/11/2023

Regulators will be able to check whether loss forecasting models are appropriately calculating provisions, and to order banks to set aside additional reserves.

Capital / Liquidity

BOK, FSS Agree to Share Data on Non-bank Depository Institutions

By Editors | 01/11/2023

The MoU aims to enhance monitoring so BOK can quickly provide liquidity support to non-bank deposit institutions that run into trouble.

Enforcement

APRA Applies A$20m Capital Charge to RAC Insurance

By Sanday Chongo Kabange | 01/11/2023

APRA said its review of RAC Insurance revealed “significant weaknesses” in its outsourcing controls, conflict management and board decision making.

Fintech / Regtech

Citi to Provide GenAI Tools to 40,000 Coders Across the Bank

By Editors | 31/10/2023

Citi used generative AI to analyse 1,089 pages of new capital rules proposed by US regulators in July. Over 350 other use cases have been proposed.

Capital / Liquidity

APRA Adopts Changes to Credit Risk Reporting Standard

By Editors | 30/10/2023

The reporting standard for counterparty credit risk is being amended so it only applies to significant financial institutions.