CAPITAL / LIQUIDITY

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.

Capital / Liquidity

US Regulators Finalise New Rules to Promote Fair Lending

By Mark Johnston | 28/10/2023

The new rules encourage banks to expand access to credit, investment, and banking services in low- and moderate-income communities.

Capital / Liquidity

China Finalises New Capital Management Rules for Banks

By Editors | 27/10/2023

The new rules revise how risk weights are measured, enhance supervision of the banking sector and improve information disclosure requirements.

Capital / Liquidity

US Finalises Climate Risk Framework for Large Banks

By Manesh Samtani | 25/10/2023

The framework comprises a set of principles that are substantively similar to those proposed in December 2022.

Capital / Liquidity

BNM is Assessing First Recovery Plans of Malaysian Banks

By Mark Johnston | 24/10/2023

BNM will engage with banks in the coming months on their recovery plans. Vulnerable banks may be asked to make business strategy changes.