The new regulatory guidelines will require digital banks to hold the same levels of capital as conventional banks.
April 12, 2022APRA says it has made changes to better meet data needs, simplify reporting requirements, and reduce the need for future data collections and ad hoc requests.
April 8, 2022The IMF's Global Bank Stress Test shows that banks can generally absorb large shocks from a capital perspective, though some in emerging markets face greater risks.
April 8, 2022Banks are reportedly concerned that measures proposed in October will make it harder to access international markets and cross-border services.
April 8, 2022Transparency alone is insufficient to drive the required asset reallocation in the absence of clear regulatory frameworks, the report says.
April 8, 2022The FSC will encourage FIs to use their capital, investment and financing decision-making power to guide enterprises towards sustainable development.
April 6, 2022Key areas of focus for the BOJ will be to assess how banks are managing climate risk, credit risk, cross-border loans, and cybersecurity.
April 6, 2022The merger is made possible by regulatory guidelines issued last year which reduced the arbitrage NBFCs have enjoyed over banks while also allowing large NBFCs to become banks.
April 5, 2022Banks can continue to total LCR at 85% for three more months, following which the FSC will raise the total LCR requirement back to 100% in steps.
April 4, 2022The changes reflect the final Basel III reforms and will improve the consistency and comparability of disclosures across Singapore incorporated banks.
March 31, 2022