All posts tagged "capital requirement"
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122FeatureKorea Allows Securities Firms to Extend Credit to Overseas Affiliates
Large securities firms will be allowed to extend credit to overseas branches and subsidiaries in which they have at least a 50 percent stake.
June 17, 2021 -
702Big PictureRegulatory Future Proofing with In-Memory Computing
In-memory analytics tools allow even the most complex of regulatory calculations to be performed in minutes or seconds rather than hours.
April 24, 2021 -
219EnforcementSingapore Authorities Probe Crowdfunding Platform for Misconduct
The probe is looking into possible offences under the Penal Code and the Securities and Futures Act by group companies belonging to CoAssets Ltd.
February 2, 2021 -
362AML / KYCBSP Updates VASP Rules to Align with FATF Requirements
The updated rules also bring into scope virtual asset custodians, introducing a $1mn minimum capital requirement for such businesses.
January 28, 2021 -
624Australia & NZAPRA Halves CBA Operational Risk Capital Add-on
CBA has made "significant progress" in areas such as risk management and compliance, remuneration and risk culture, APRA says.
November 20, 2020 -
1.5KAsia-Pacific
BSP Revises Minimum Capital Requirement for Digital Banks
The BSP will no longer consider a distinction between a basic and advance digital bank, according to a revised circular issued for industry review and feedback.
October 9, 2020 -
1.6KAsia-Pacific
BSP Targets September Issuance of Digital Banks Framework
Separately, new legislation is under development to expedite the digital banking sector, targeted to pass by the end of 2020.
September 6, 2020 -
1.6KFintech / RegtechFSC Korea to Overhaul Digital Finance Regulations – Report
Mobile payment service providers will be allowed to offer deferred payment services, issue payment accounts to users, and enable larger transaction limits.
July 27, 2020 -
512Australia & NZAPRA Grants Internal Modelling Banks Relief on Market Risk Capital
APRA will allow internal modelling banks to disregard back-testing exceptions that occurred in March and April when determining capital requirements for market risk.
May 20, 2020 -
681Feature
S. Korea Finalises Risk Management Rules for Private Equity Funds
Private equity funds will have to undergo regular audits, adopt new valuation guidelines, conduct regular liquidity stress tests, and cap leverage at 400% of assets, among other measures.
April 27, 2020
