All posts tagged "capital requirement"
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577Capital / LiquidityMAS Raises OCBC Capital Requirement for Scam Incident
OCBC has to apply a 1.3x multiplier to its RWA for operational risk, which translates to additional regulatory capital of S$330mn.
May 27, 2022 -
1.4KAML / KYCThe EU’s MiCA Races to Create a Regulatory Superhighway
Ari Redbord outlines what crypto-asset service providers need to understand as discussions continue on an EU-wide regulatory framework for crypto.
May 12, 2022 -
409Capital / LiquidityRBI to Update Rules on Ownership of Private Sector Banks
Promoters will be able to increase their long-run stakes in private sector banks from 15 to 26 percent. The capital requirement for a universal bank licence will be doubled.
December 2, 2021 -
762MalaysiaBNM Issues New Regulatory Requirements for Merchant Acquirers
The new requirements will ensure merchant acquiring services have measures in place to manage settlement risk, financial risk, fraud risk, technology risk and cyber risk.
September 23, 2021 -
240FeatureKorea 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 -
995Big 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 -
294EnforcementSingapore 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 -
511AML / 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 -
785Australia & 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 -
1.6KAsia-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
