All posts tagged "Restructuring"
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738Capital RegulationIndia Supreme Court Temporarily Extends Borrower Relief
The extension gives the government two weeks to decide on whether to extend a loan moratorium for borrowers and whether an interest waiver is warranted.
September 11, 2020 -
413Australia & NZAPRA Formalises Updated Guidance on Treatment of Deferred Loans
Banks need not treat deferred loans as past due or impaired for capital or reporting purposes until after 31 March. New reporting requirements now apply.
September 10, 2020 -
512Capital RegulationRBI Issues Framework for Covid-related Loan Restructuring
The framework sets out sector-specific floor and ceiling thresholds for five financial ratios that lenders mandatorily have to consider when restructuring loans.
September 9, 2020 -
378IndiaSEBI Revises Mutual Fund Side Pocketing Standards
Previously, only debt securities downgraded below investment grade can be side pocketed. Side pocketing will be allowed for even higher-rated debts that are restructured due to Covid-19.
September 9, 2020 -
417IndiaSEBI Asks Rating Agencies Not to Classify Restructured Debt as Default
Credit rating agencies are asked not to consider debt restructured as a result of Covid-19 related stress as a default event.
September 6, 2020 -
780Australia & NZ
APRA, ASIC Update Guidance on Treatment of Deferred Loans
Deferred loans need not be treated as past due or impaired for capital or reporting purposes until after 31 March. New reporting requirements will apply.
August 14, 2020 -
601Capital Regulation
RBI Adopts New Measures to Ease Covid-19 Financial Stress
A new resolution framework will allow banks to continue to maintain the ‘standard’ classification for corporate borrowers in resolution rather than downgrade the account, among other measures.
August 7, 2020 -
807ChinaChina: NAFMII Proposes Rules for Trading Credit Default Swaps
Credit default swaps and credit-linked notes will provide investors additional tools to hedge against bond defaults and other credit events.
July 31, 2020 -
1.0KChinaChina Issues Authoritative Guidance on Handling Bond Disputes
In disputes involving breach of contract, fraud or false statements - the issuer, its controlling shareholders, directors, and senior management will be held liable for bondholder losses.
July 17, 2020 -
856Australia & NZ
APRA Outlines Expectations on Deferred Loan Management
Deputy Chair John Lonsdale expects many banks will require an uplift in capabilities, processes and oversight to meet APRA's expectations.
July 10, 2020
