ADVERTISEMENT
Liquidity Risk
PBOC Cuts Funding Costs for Small Firms, Rural Sectors
By Editors | 02/07/2020
The PBOC has cut the rediscount rate for the first time in a decade, and the relending rate for the second time this year.
Credit Risk
Sri Lanka: CBSL to Absorb Credit Risk on Business Loans
By Editors | 02/07/2020
The CBSL will provide credit guarantees ranging from 80% for smaller loans to 50% for larger loans issued to businesses affected by Covid-19.
Liquidity Risk
India Approves Special Liquidity Scheme for NBFCs
By Editors | 01/07/2020
An SPV back by State Bank of India will buy investment-grade debt paper with residual maturity under three months to provide NBFCs and HFCs liquidity to settle existing debt.
Structural Regulation
FSB Issues Statement on Global Benchmark Transition
By Editors | 01/07/2020
The FSB maintains its view that financial and non-financial sector firms across all jurisdictions should continue efforts to remove remaining LIBOR dependencies by end-2021.
Liquidity Risk
Covid-19 Liquidity Issues to Morph into Solvency Threat: BIS
By Manesh Samtani | 30/06/2020
Once the acute illiquidity phase of the crisis passes and insolvency problems emerge, the onus of crisis management will shift from central banks to fiscal authorities.
Capital Adequacy
US Regulators Approve Volcker Rule Revisions
By Editors | 30/06/2020
The latest amendment allows banks to invest in venture capital and credit funds and reduces the amount of capital they have to set aside against inter-affiliate swap trades.
Structural Regulation
Industry Bodies Call on EU to Reform Benchmarks Regulation
By Editors | 30/06/2020
The majority of third-country benchmarks pose no systemic risk but could nevertheless be barred from use in the EU due to a costly and burdensome third-country benchmark regime.
Supervision & Enforcement
BSP Defers Adoption of New Supervisory Assessment Framework
By Editors | 30/06/2020
The six-month deferral is intended to give FIs more time to prepare for implementation, given the impact of the Covid-19 pandemic.
Credit Risk
Korean Banks Opt to Adopt Basel III Credit Risk Framework Early
By Editors | 29/06/2020
Fifteen banks and eight bank holding companies opted to adopt the Basel III credit risk framework early as it will boost their capital adequacy ratios.
Trading & Investment
China Sets Stage for GBA Wealth Management Connect Scheme
By Editors | 29/06/2020
Under a pilot scheme, Greater Bay Area residents will be able to invest in wealth management products distributed by GBA banks across boundaries.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.