Capital / Liquidity

The FSC has granted TAIFEX recognition as a QCCP ahead of the launch, which will boost capital efficiency for market participants.

Responsible lending laws introduced in December have been blamed for causing tighter credit conditions for New Zealand borrowers.

The BOE said it found shortcomings in resolution plans prepared by HSBC, Lloyds Banking Group and Standard Chartered.

General clearing participants have to maintain liquid capital of HK$100mn for their first five non-clearing participants, and HK$20mn for each additional non-clearing participant.

12 principles are aimed at banks and 6 are aimed at financial supervisors and regulators. Implementation is expected "as soon as possible".

Lenders must ensure they are operationally ready by September to implement loan limits based on DTI multiples or LTV ratios.

Insurance companies have been experiencing declining levels of risk-based capital due to rising interest rates and mark-to-market losses on bond holdings.

The Central Moneymarkets Unit will be further commercialised and upgraded in phases over three years. A new platform will be launched in 2025.

The bank will be allowed to hold liquid assets worth 3.25% of deposits, compared to a 13% requirements for other banks.

China's large state-owned asset management companies are asked to play a greater role in reducing the risks from non-performing assets at small and medium-sized banks.