The revised regulations implement the removal of foreign ownership limits and asset thresholds for setting up local units, among other relaxations.
Compared with the December 2018 list, the HLA requirement has increased for Standard Chartered and decreased for Hang Seng Bank.
In the aftermath of a 700-million-peso stock theft, PSE president Ramon Monzon will reportedly propose to more than triple current capital requirements for older firms.
The scheme will ensure that consumers and small businesses receive a payout in cases where compensation has been awarded but the financial services provider is unable to pay.
The new rules ask Taiwan's five D-SIBs to keep their capital ratios 2 percentage points higher than other banks, compared to 4 percentage points higher in the previous version.
APRA has extended the exemption for government-related entities to connecting counterparties involving economic interdependence and control relationships.
The BCBS consultation will likely give an indication of the banking industry's mindset towards holding cryptoassets in the future, says Douglas Cheung at Wolters Kluwer.
A unit of China’s state fund, the Shandong government’s asset management arm, and UOB are among those that will invest in new shares to prop up troubled lender Hengfeng Bank.
At its AGM on Tuesday, ANZ announced an additional A$682mn charge for remediation work, where a total 3.4 million accounts "need fixing".
The BOE said in its biannual Financial Stability Report that $5bn has left Hong Kong since April, but the HKMA says the figure does not represent outflows from the city's banking system.
Loading more posts...
Sorry, no more posts
No more pages to load