Sri Lanka's “weak economic environment” and regulatory reforms may impact banks’ operating environment and credit profiles, says ratings agency Fitch.
In a report by Fitch unit BMI Research, large banks in the Philippines may need to increase deposit taking and reduce long-term loans as a result of increased funding costs brought on by the new NSFR framework.
RNBZ specifies additional restrictions on banks using internal models to calculate risk-weighted assets, as well as requirements to also use standardised models when reporting and for calculating operational risk.
Regulators will avoid overusing "one-size-fits-all" policy in cutting debt levels, amid slowing market slump and economic growth, along with rising trade tensions and credit defaults.
New framework builds upon consultation last year and provides further guidance on the G-SIB assessment, reporting and higher loss absorbency surcharge. It will be adopted by 2021.
Proposed amendments include removal of risk-based capital and net liquid capital requirements currently imposed on remote and bank members, among other changes.
Proposals include broadening the definition of related entities to include substantial shareholders and board directors, and aligning the framework with recently revised standards for large exposures to unrelated entities.
New minimum capital for futures and securities participants proposed at A$1m and A$0.5m, respectively; futures and securities capital rulebooks to be consolidated.
ASIC has proposed that lenders ensure that new card consumers, or those applying to increase their credit card limit, can repay their credit card debt within three years. The proposal comes after an ASIC review found that 18.5% of Australians...
A recent IMFBlog post suggests policymakers and regulators are still unprepared to confront the stark moral and economic dilemmas in handling bank failures.
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