CAPITAL / LIQUIDITY

Capital / Liquidity

UBS-Credit Suisse Merger Continues to See Opposition

By Editors | 13/04/2023

Swiss lawmakers symbolically voted against a liquidity package to support the merger, which is expected to formally close within a few months.

Capital / Liquidity

Recent Banking Sector Turmoil to Inform FSB’s Policy Work

By Editors | 12/04/2023

FSB working with BCBS to analyse and learn from recent banking sector turmoil. Cyber incident reporting recommendations also finalised.

Big Picture

Report Examines Policy Implications of US Bank Bailouts

By Mark Johnston | 11/04/2023

Congressional Research Service report examines policy issues raised by the systemic risk exception invoked for SVB and Signature Bank.

Capital / Liquidity

Hong Kong to Introduce Risk-based Capital Regime for Insurers

By Editors | 11/04/2023

An amendment bill was gazetted that will make capital requirements for insurance companies more sensitive to their asset and liability matching, risk profile and mix of products.

Crypto / Digital Assets

ECB Official Says MiCA Still Needs Further Strengthening

By Manesh Samtani | 10/04/2023

Pre-collapsed FTX and today’s Binance would not meet the threshold for classification as ‘significant’ CASPs. Even if they did, stricter requirements wouldn’t apply.

Big Picture

Bank Capital Requirements Should Account for Geopolitical Risks: IMF

By Manesh Samtani | 06/04/2023

The IMF suggests geopolitical risks should feed into stress testing, scenario analysis and requirements for banks to hold capital and liquidity buffers.

Capital / Liquidity

FDIC Retains BlackRock Unit to Sell SVB, Signature Bank Securities

By Editors | 05/04/2023

The FDIC retained BlackRock Financial Market Advisory to sell about $114bn in securities. Signature Bank loans still in receivership will be marketed “later this summer”.

Capital / Liquidity

IMF Bailout Presents Uncertain Outcome for Sri Lanka’s Banks

By Duruthu E Chandrasekera | 04/04/2023

The IMF estimates the banking sector recapitalisation needs around 6 percent of 2022 GDP. Local banks so far have opposed a domestic debt restructuring.

Capital / Liquidity

Korea Propose Measures to Address Risks in Mutual Finance Sector

By Editors | 04/04/2023

Regulators proposed to raise the loan loss reserve requirement for lending to real estate and construction firms to boost loss-absorbing capacity.