The five All India Financial Institutions will have to comply with Basel III capital adequacy requirements from April 2024.
September 22, 2023Under the new regulatory framework, the 15 upper layer NBFCs will be subject to heightened regulatory requirements for a minimum of five years.
September 15, 2023Fed governor Michelle Bowman said there is "insufficient evidence" that the benefits produced by the proposals would justify the costs.
July 28, 2023The position to update Solvency II includes provisions for transition planning aligned to CSRD and explicit integration of ESG risks into insurers’ risk management processes.
July 21, 2023Higher capital requirements being considered could make it more difficult to provide credit to the economy, banks say.
July 15, 2023Michael Barr said the proposed changes would not be fully effective for "some years" because of the rulemaking process and the transition period provided.
July 11, 2023The central bank plans to finalise a new licensing framework for digital banks this month, after consulting with stakeholders.
June 14, 2023FINMA said its intensive supervision will "definitely continue". MAS said it expects both banks to handle the implications for jobs "responsibly".
June 13, 2023Stablecoins backed by non-fiat assets such as gold would have a 250% risk weight. Those backed by fiat currency would be treated the same as the underlying.
June 2, 2023APRA explains that the differences between the IRB and standardised approaches to credit risk are justified, fair and equitable.
May 27, 2023