All posts tagged "provisions"
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62ChinaCBIRC Issues Draft Rules for Major Bank Shareholders
Major shareholders cannot use borrowed funds to invest in banks, take out loans from the banks they invest in, or have cross-shareholdings with other banks.
June 22, 2021 -
36Australia & NZASIC Stresses Quality of Financial Reports, Disclosures
The assumptions underlying estimates and assessments for financial reporting purposes should be reasonable, supportable, realistic, and not overly optimistic or pessimistic.
June 11, 2021 -
102Australia & NZAPRA Proposes Phased Approach to New Credit Risk Reporting Standard
An interim and simplified reporting standard will apply while ADIs develop their capabilities for delivering the full suite of credit risk data collected by ARS 220.0.
June 9, 2021 -
164Capital RegulationRBI Announces Support Measures for Second Covid Wave
The measures include liquidity for bank lending to businesses, continued regulatory exemptions, and an additional round of restructuring and moratoria flexibility.
May 6, 2021 -
174Capital RegulationFSC Korea to Promote Lending to Low Credit Score Borrowers
Banks will be advised to boost mid-range interest rate lending to borrowers with low to moderate credit scores, among other measures.
April 28, 2021 -
153Asia-PacificBangladesh Bank Issues Guidelines on Country Risk Management
From Q1 2022, banks will need to make general provisions on the net funded country exposures on a graded scale ranging from 0.25 to 20 percent.
April 21, 2021 -
357Big PictureCovid Bankruptcies Could Result in $1tr in Credit Losses: BIS
Corporate bankruptcies are expected to rise as credit support measures are wound back, some sectors downsize, and firms run out of liquidity buffers.
March 2, 2021 -
313Capital RegulationCBIRC Loosens Provisioning Rules for Consumer Finance Companies
Under a new notice, consumer finance companies and vehicle finance companies can apply to the CBIRC to reduce their required provisions coverage ratio.
November 19, 2020 -
451Asia-PacificBOT Allows Banks to Pay Dividend for 2020, Subject to Limit
The move follows an order from the BOT for commercial banks to suspend interim dividend payments and share buybacks in June.
November 17, 2020 -
380ChinaAMAC Issues Draft Guidelines for Funds on Valuing Financial Instruments
Publicly-offered securities investment funds will have to calculate impairment of financial instruments based on expected credit losses.
November 16, 2020
