The HKMA said the revised market risk and CVA risk capital frameworks will come into effect “on a day to be appointed”, but intended to be 1 January 2025.
March 18, 2024In a new report, S&P Global Ratings says the revised capital management rules for banks issued in November could reduce previously estimated TLAC shortfalls.
March 8, 2024Capital shortfalls under the final Basel III standards increased slightly for large internationally active banks, which saw record profits.
March 7, 2024The revised SPM module introduces a Positive Neutral CCyB of 1% for Hong Kong to ensure an additional buffer is available in the event of a shock.
March 5, 2024The BCBS also said it has approved revisions to the Core Principles for Effective Banking Supervision, which will be published in April.
March 1, 2024The guidance covers the capital treatment of IPO financing and exposures to QCCPs in relation to Swap Connect.
February 21, 2024The FSC published application documents and explanatory materials to aid banks in making their applications. The first batch of applications are due on 30 June 2024.
January 29, 2024For a bank to distribute dividends, its net NPA ratio must be below 6%, with the maximum payout ratio capped at 50%.
January 4, 2024EXIM Bank and NaBFID are now considered as National Development Banks for the purpose of NSFR computation.
January 2, 2024The rules published in the gazette are to implement Basel III components including the revised credit risk framework and the output floor.
December 30, 2023