CAPITAL / LIQUIDITY

Capital / Liquidity

APRA Removes Liquidity Add-on for Bendigo and Adelaide Bank

By Editors | 10/08/2023

APRA applied a ten percent add-on to the net cash outflow component of Bendigo’s LCR calculation in October 2020.

Capital / Liquidity

BlackRock to Trim Capital in South Korean Unit by 62 Percent

By Editors | 09/08/2023

Reports suggest that the move is linked to BlackRock’s shift away from retail business in Korea two years ago, as well as a potential tax rule change in the country.

Capital / Liquidity

US Majors Reveal Expected Costs for FDIC Special Assessment

By Editors | 09/08/2023

JPMorgan Chase, Bank of America, Wells Fargo and Citigroup expect to pay a combined $8.2bn to replenish the fund.

Capital / Liquidity

SEBI Mandates FPIs to Route Bond Trades to RFQ Platforms

By Ranamita Chakraborty | 08/08/2023

Starting 1 October, foreign portfolio investors are required to conduct a minimum of 10 percent of their total secondary market corporate bond trades through the request for quote (RFQ) platform offered by stock exchanges.

Capital / Liquidity

SEBI’s Annual Report Highlights Disclosure Rules Strengthening Plan

By Jill Wong | 08/08/2023

Sebi’s annual report highlights plans to strengthen disclosure requirements of unlisted companies.

Capital / Liquidity

Australia Proposes Licensing Exemptions for FFSPs

By Ranamita Chakraborty | 08/08/2023

The proposed legislation reduces entry barriers for foreign financial services providers entering the Australian market while ensuring appropriate regulatory oversight.

Capital / Liquidity

ChinaClear Lowers Reserve Funds Brokers Must Set Aside

By Editors | 07/08/2023

The change is expected to free up around CNY 30-40 billion of capital, and provide a boost to markets.

Fintech / Regtech

EBA Issues Report on the Use of Machine Learning for IRB Models

By Manesh Samtani | 07/08/2023

The report proposes a set of principle-based recommendations to ensure the appropriate use of ML techniques by institutions in the context of IRB models.

Capital / Liquidity

HKMA Updates Timetable for Implementing Basel III Reforms

By Editors | 06/08/2023

The HKMA asks the banking industry for comments on the latest timetable by 4 September 2023.