Newly gazetted subsidiary legislation will allow the Insurance Authority to set capital, regulatory reporting and public disclosure requirements for insurance groups.
January 6, 2021In June 2019, the FSC designated CTBC Bank, Cathay United Bank, Taipei Fubon Bank, Mega International Commercial Bank and Taiwan Cooperative Bank as D-SIBs.
January 2, 2021The move will increase the levels of capital and liquidity at commercial banks and facilitate lending to businesses and households.
December 9, 2020Access to Australia's real-time payments system will enable TransferWise to reduce foreign exchange fees and wholesale banking costs.
December 1, 2020Regulators are reportedly considering allowing small and midsized banks to sell subordinated debt to local governments to replenish tier 2 capital.
August 26, 2020The CBIRC has approved the issuance of new shares to help Bank of Gansu raise its core tier 1 capital. Four state-owned companies will subscribe to the new shares.
July 19, 2020Local governments will be allowed to buy ¥200bn in capital replenishment tools issued by small and midsize banks, with a fixed term, detailed repayment plan, and assurances on corporate governance and asset quality.
June 22, 2020Banks that draw from the capital conservation buffer or fall below 100% LCR will not be considered in breach of Basel III rules.
May 5, 2020The single borrower and group exposure limit will be 15% and 25% of tier 1 capital, respectively, compared to 15% and 40% of total capital previously.
March 16, 2020New private placement shares represent a more than 44% expansion of Bank of Jinzhou's share capital, diluting the stakes of existing investors in the bank.
March 13, 2020