CAPITAL / LIQUIDITY

Capital / Liquidity

EU Reaches Provisional Agreement on Basel III Implementation

By Manesh Samtani | 28/06/2023

Elements of the final Basel III reforms would be phased in starting in January 2025, two years after the globally agreed deadline.

Capital / Liquidity

APRA Imposes Capital Charge on Medibank Over 2022 Hack

By Sanday Chongo Kabange | 27/06/2023

APRA has decided to increase Medibank’s capital adequacy requirement for operational risk by A$250mn.

Capital / Liquidity

HKMA Proposes to Restructure Three-Tier Banking System

By Manesh Samtani | 27/06/2023

Hong Kong’s 12 remaining deposit-taking companies would need to upgrade into licensed banks or restricted licence banks and meet higher capital requirements.

Capital / Liquidity

IAIS Launches Final Consultation on New Insurance Capital Standard

By Editors | 26/06/2023

The IAIS issued its fourth and final public consultation on the ICS ahead of its planned adoption at the end of 2024.

Big Picture

SNB Calls for Regulatory Changes to Prevent Future Banking Crises

By Mark Johnston | 23/06/2023

The SNB says Credit Suisse AT1 bonds should have been wiped out earlier, and that a review of the too-big-to-fail framework is needed.

Capital / Liquidity

China Urges Greater Use of Digital Means for Cross-border Business

By Editors | 21/06/2023

PBOC and SAFE issued a draft notice allowing banks to conduct capital account business online for market players by using electronic documents.

Capital / Liquidity

FSC Korea Set to Start Normalising Bank Liquidity Requirements

By Manesh Samtani | 20/06/2023

Banks will have to maintain 95% LCR between July and December, up from 92.5%. Requirements for 2024 will be decided by year-end.

Capital / Liquidity

Initial Margin Breaches Surged in March at JSCC JGB Division

By Editors | 20/06/2023

The JSCC reportedly attributed the rise in breaches to interest rate volatility triggered by banking turmoil in the US in March.

Capital / Liquidity

BOE to Include Hedge Funds, Pension Funds in Scenario Exercises

By Editors | 20/06/2023

The system-wide exploratory scenario will encompasses hedge funds and pension funds alongside large banks, insurers, and CCPs for the first time.