Prudential Risk

Capital Adequacy

Negative Income Shock Could Wipe Out RBI Capital Reserves – Study

By Manesh Samtani | 28/01/2019

The core capital held by the RBI is “too low” and could compromise its ability to manage risks, respond to negative income shocks and maintain operational independence.

Clearing & Post-Trade

SEBI Grants QCCP Status to Gift City Clearing Corporations

By Editors | 28/01/2019

India International Clearing Corporation (IFSC) Limited and NSE IFSC Clearing Corporation – wholly owned subsidiaries of the BSE and NSE, respectively – have been granted qualifying central counterparty status.

Capital Adequacy

PBOC Enhances Liquidity Support for New Perpetual Bond Market

By Editors | 28/01/2019

Perpetual bonds can be swapped for central bank bills and serve as eligible collateral for PBOC lending. Bank of China issuance was more than 2x oversubscribed.

Clearing & Post-Trade

ISDA Lays Out CCP Best Practices Following Nasdaq Default

By Garima Chitkara | 25/01/2019

Clearinghouses should consider multiple risk factors in determining exposure and put more of its own capital on the line to manage defaults before dipping into the member default fund.

Credit Risk

UPDATED – S. Korean to Change COFIX Calculation Starting in July

By Editors | 24/01/2019

Bank lending rates should fall by about 0.27% under the new COFIX. The change in calculation is credit negative for Korean banks, says Moody’s.

Structural Regulation

APRA Grants First New Bank Licence in Almost 20 Years

By Editors | 24/01/2019

Volt bank Limited has become the first ‘neobank’ to receive a full banking licence after having operated under APRA’s ‘restricted ADI’ licence since last May.

Capital Adequacy

Philippine Central Bank Revises Computation of Banks’ Net Worth

By Editors | 23/01/2019

The Philippines has changed its rules for calculating bank capital to better reflect asset quality and align with computations used for capital adequacy.

Credit Risk

S. Korean Regulators Require More Transparency on Bank Loans

By Editors | 23/01/2019

New rules requiring disclosures to customers of credit assessment procedures and loan rate calculations have been introduced by South Korean regulators.

Credit Risk

China Bourses Ease Restrictions on Lending Against Pledged Shares

By Editors | 22/01/2019

The SSE and SZSE have extended the repurchase period for pledged shares to over three years and loosened restrictions on the number of shares that can be pledged.