CAPITAL / LIQUIDITY

Capital / Liquidity

RBI Extends Basel III Requirements to National Financial Institutions

By Editors | 22/09/2023

The five All India Financial Institutions will have to comply with Basel III capital adequacy requirements from April 2024.

Capital / Liquidity

MAS Finalises Framework for Designating Systemically Important Insurers

By Editors | 22/09/2023

The inaugural list of D-SIIs includes AIA Singapore; Income Insurance; Prudential Assurance; and Great Eastern Life.

Capital / Liquidity

APRA Considers Options for Making AT1 Bonds More Useful

By Manesh Samtani | 21/09/2023

APRA notes that most AT1 bonds in Australia are held by retail investors, which could make it more challenging to write them down in a bank resolution.

Capital / Liquidity

FSB Proposes Toolbox of Financial Resources and Tools for CCP Resolution

By Editors | 21/09/2023

New consultation report proposes a “toolbox approach” as a global standard for CCP financial resources and tools for resolution.

Capital / Liquidity

MAS Finalises Notice for Implement Basel III Reforms

By Editors | 21/09/2023

The revised MAS Notice 637 will be effective from 1 July 2024. An additional year is provided for compliance with revised market risk and CVA standards.

Capital / Liquidity

INTERVIEW: Hong Kong’s Codes On Takeovers, Mergers Ripe for Amendment

By Jill Wong | 20/09/2023

Roger Cheng, who used to head the takeovers team at Hong Kong’s SFC, talks to Regulation Asia about the proposed changes to the SFC’s codes on takeovers and mergers and share buy-backs.

Capital / Liquidity

First Chinese Insurer Approved to Issue Perpetual Bonds

By Editors | 17/09/2023

Taikang Life’s approval comes a year after Chinese regulators said they would allow insurance companies to issue perpetual bonds to replenish their capital.

Capital / Liquidity

BIS Paper Suggests Redesign of AT1 Instruments May Be Warranted

By Editors | 17/09/2023

The paper says some market participants “may not fully appreciate” that writedown conditions  may differ across AT1 instruments.

Capital / Liquidity

Taiwan FSC Releases Stress Test Results for Banks, Insurers

By Mark Johnston | 16/09/2023

Five insurance companies and three banks failed to pass the most “severe” scenario and have proposed capital improvement plans.