The revised MAS Notice 637 will be effective from 1 July 2024. An additional year is provided for compliance with revised market risk and CVA standards.
September 21, 2023The BCBS will also consult on revisions to its Core principles for effective banking supervision and on a Pillar 3 disclosure framework for climate-related financial risks.
March 24, 2023In the first six months of 2022, cryptoassets under custody at banks declined 66 percent, largely due to fewer banks participating in the exercise.
March 3, 2023The rules are aimed at improving the ability of private equity investments to serve the real economy and support innovative businesses.
January 20, 20231,250% risk weight not applicable to custodied assets. Infrastructure risk add-on no longer mandatory. Gross limit on total Group 2 exposures raised from 1% to 2%.
December 19, 2022Banks that were more heavily affected by the Basel III reforms saw a greater reduction in their cost of capital, the BCBS said.
December 16, 2022As the Christmas period approaches, Regulation Asia contributor Jamie Lloyd Evans offers a light-hearted prediction on the future of the Basel Accord.
December 14, 2022The standard, which will require disclosure of remuneration arrangements, will become effective from 1 January 2025, 12 months later than initially proposed.
December 9, 2022Hong Kong's implementation of the Basel III final reform package is being deferred to allow the industry more time to prepare.
November 28, 2022Standards associated with credit risk, operational risk, the output floor, and the leverage ratio will implemented no earlier than 1 January 2024.
October 6, 2022