The CCyB default rate in Australia has been set at zero percent of risk-weighted assets since it was introduced in 2016.
December 22, 2022The HKMA proposes to maintain a Positive Neutral CCyB of 1 percent even when its primary indicators maybe signal a lower applicable CCyB.
November 15, 2022Authorities should adopt a positive CCyB rate in normal times. A report evaluating the impact and effectiveness of implemented Basel reforms has also been released.
October 7, 2022Digital banks must meet the same Basel III capital, liquidity and leverage requirements applicable to universal and commercial banks.
September 22, 2022The HKMA finds that the CCyB release was effective in supporting bank lending, thus achieving its policy objective as a countercyclical tool.
June 8, 2022The hypothetical framework would replace the current set of buffers with a "single, releasable buffer of common equity", sitting on top of a low minimum requirement.
April 29, 2022APRA confirmed that the CCyB would be set at the new default level of 1 percent of RWA from 1 January 2023, a feature of the new bank capital framework.
December 22, 2021The new framework seeks to strengthen financial resilience rather than require banks to raise additional capital, APRA says.
November 30, 2021China’s G-SIBs must have total loss-absorbing capacity amounting to at least 16% of RWA and a leverage ratio of 6% by 1 January 2025.
November 2, 2021All jurisdictions now have final rules in force for the CCyB, following implementation in China. Three more jurisdictions have adopted the final TLAC rules.
October 18, 2021