All posts tagged "Capital"
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435Asia-PacificBangladesh Adjusts Circuit Breaker to Prevent Stock Market Losses
Trading to be halted if a listed company loses 2% in value. BSEC also urging banks to make fresh investments in the stock market.
March 14, 2022 -
554Australia & NZRBNZ Defers Effective Date of New Insurance Solvency Standards
The interim standard will come into force on 1 January 2023. The RBNZ is also consulting on the penalties and enforcement tools it has available for supervising insurers.
March 11, 2022 -
458Australia & NZAPRA Imposes New Limits on the Use of Offshore Reinsurers
Updated prudential standard sets limits on exposures to offshore reinsurers. If a life company exceeds these limits, additional capital would need to be held.
March 10, 2022 -
566Asia-PacificBangladesh to Extend Deposit Protection to NBFIs
Currently only bank depositors are protected and customers of other types of deposit-taking financial institutions are not covered.
March 2, 2022 -
560ChinaChina: Banks, SOEs Ordered to Report on Ant Group Exposures
China's National Audit Office, the CBIRC and other authorities have reportedly asked SOEs and banks to report on their exposures to Ant, its subsidiaries and its shareholders.
February 23, 2022 -
761AML / KYCBangladesh Revises Rules on Mobile Financial Services
The revised regulations allow financial institutions other than banks, as well as government entities, to provide mobile financial services.
February 18, 2022 -
696Capital / LiquidityGHOS Reaffirms Commitment to Timely Basel III Implementation
The outstanding reforms will help to restore credibility in bank capital ratios, said Pablo Hernández de Cos, who has been reappointed as chair of the BCBS.
February 10, 2022 -
809AML / KYCThai SEC Calls on Crypto Businesses to Improve Cybersecurity
The SEC reminds crypto businesses to bolsters their cybersecurity systems, safeguard customer assets, and comply with IT audit and penetration testing requirements.
February 9, 2022 -
270Asia-PacificCBSL Says NBFI Consolidation is Strengthening the Sector
Nine NBFIs have introduced fresh capital, while another 12 entities have received preliminary approvals for consolidation, the CBSL said.
February 8, 2022 -
619ChinaCBIRC Vows to Continue Efforts to Prevent, Resolve Financial Risks
The CBIRC said it will dismantle "high-risk shadow banks", and crack down on illegal financial and fundraising activities, unfair competition, and unlicensed financial businesses.
February 8, 2022
