All posts tagged "foreign banks"
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398FeatureCPMI Advances Work on Enhancing Cross-border Payments
A final report has been issued on extending RTGS operating hours, and another offering a framework for jurisdictions to self-assess payment system access.
May 13, 2022 -
465Capital / LiquidityPBOC Releases Latest Bank Assessment Results
The number of “red zone” institutions has declined for six straight quarters. No foreign-invested or private banks were identified as high-risk institutions.
March 30, 2022 -
797ChinaPBOC Issues New Bond Lending Rules for Interbank Market
Financial institutions and foreign banks participating in the bond lending system must sign a master agreement, which NAFMII is tasked with developing.
February 14, 2022 -
549Capital / LiquidityEU Regulators Consider Stricter Rules for Foreign Banks
EU regulators are reportedly considering rule revisions that could force more foreign banks to operate as subsidiaries rather than branches.
February 6, 2022 -
351TaiwanTaiwan’s FSC Amends Regulations for Financial Holding Companies
Foreign banks in Taiwan are no longer required to have a local chief of information security if there is a designated officer at the head office or regional level.
October 26, 2021 -
227Australia & NZAFMA Calls for Removal of ‘LIBOR Cap’ Imposed on Foreign Banks
AFMA is concerned that the LIBOR Cap will be replaced with a capping mechanism to be determined solely by the ATO.
October 22, 2021 -
233EnforcementFSS Korea Warns KB Savings Bank Over Lax Lending Controls
KB Savings Bank increased its household lending by raising internal limits and discounting interest rates, without a strict review process and proper oversight.
September 9, 2021 -
360AML / KYCAUSTRAC Releases Banking Sector Risk Assessments
The big four represent the highest risk due to the scale of retail products and services they offer, particularly those that facilitate cash transactions and rapid funds transfers.
September 8, 2021 -
321Australia & NZAPRA Releases Final Prudential Standard on Capital Adequacy
CET1 capital may not have unusual features that could undermine its role as the highest quality loss-absorbing capital. The final APS 111 takes effect from 1 January 2022.
August 6, 2021 -
212EuropeEU Ramps Up Regulatory Scrutiny Over Foreign Bank Branches
New rules will require foreign banks operating in the EU to consolidate their operations under an "intermediate parent undertaking".
May 26, 2021
