Resolution - Regulation Asia

FSB: Decentralisation Could Benefit Financial Stability

While decentralised financial technologies do pose risks, they may increase competition and diversity in the financial system and reduce existing entities’ systemic importance.

June 8, 2019

714

Capital Regulation

G20 Financial Regulatory Reform Agenda On Track – FSB

Basel III and OTC derivatives reforms were on track and broadly achieving their intended goals. High public debt and rising non-bank financial intermediation remain a focus area for the FSB.

November 30, 2018

419

International

FSB Urges More Progress on CCP Resolution Regimes

Progress to enhance the resolvability of SIFIs is advanced in the banking sector, but most jurisdictions do not yet have a comprehensive resolution regime for CCPs in place.

November 20, 2018

492

Capital Regulation

HKMA Releases Loss-Absorbing Capacity Consultation Conclusions

HKMA had consulted on the minimum required capital needed by systemically important institutions in case they are rendered non-viable.

July 26, 2018

305

Capital Regulation

MAS Consults on Resolution Regime Amendments

Amendments include introduction of a contractual recognition requirement into financial contracts governed by foreign laws, the statutory bail-in regime, and creditor compensation framework, among others.

July 21, 2018

303

Big Picture

Moody’s Places HK Banks on Review for Upgrade

Hong Kong legislation enables authorities to achieve orderly resolution in the event of a bank failure and provides clarity on the effect on depositors and other creditors.

May 1, 2018

271

International

CPMI-IOSCO Publish Multi CCP Stress Testing Framework

Framework supports stress tests examining potential macro-level impact of common stress event affecting multiple CCPs to gauge interdependencies between markets, CCPs and other entities.

April 12, 2018