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.
January 28, 2019The final revisions to the market risk framework reduces the amount of total market risk capital for banks' trading books by almost half compared to the 2016 version.
January 15, 2019The RBI says that current provisioning is inadequate to cover future losses from bad loans, which have been underrecognised by Indian banks.
January 3, 2019The HKMA advises banks to start considering the system changes necessary to implement the Basel Committee's latest Pillar 3 disclosure requirements.
December 19, 2018A new report calls on the FSB and BCBS to review and recalibrate post-crisis prudential standards in relation to their impacts on repo and securities lending markets.
December 18, 2018Years of prudent macroeconomic policies and robust financial regulation and supervision will help Hong Kong weather possible domestic and external shocks, the IMF says.
December 12, 2018The updated framework accounts for finalised post-crisis reforms under Basel III and includes new disclosure requirements for asset encumbrance and capital distribution constraints.
December 12, 2018Banking system reforms will have to adapt to new risks to mitigate the effects of the next financial crisis, said BCBS secretary general William Coen, hinting at a future 'Basel IV'.
December 3, 2018Basel III and OTC derivatives reforms were on track and broadly achieving their intended goals. High public debt and rising non-bank financial intermediation remain a focus area for the FSB.
November 30, 2018The Net Stable Funding Ratio will apply to Indian banks on both a stand-alone and consolidated basis, and foreign banks on a stand-alone basis.
November 30, 2018