CAPITAL / LIQUIDITY

Capital / Liquidity

Hong Kong: ‘Stay Rules’ to Come into Operation on 27 August

By Manesh Samtani | 27/06/2021

Banks have to adopt provisions in financial contracts binding counterparties to temporary stays on termination rights that may be imposed by the HKMA during a bank resolution.

Capital / Liquidity

RBI Issues New Dividend Distribution Guidelines for NBFCs

By Ranamita Chakraborty | 27/06/2021

The dividend ratio will be capped at 50 to 60 percent of a deposit-taking NBFC’s profits, depending upon the nature of the business.

Capital / Liquidity

CBSL to Require Banks to Maintain Recovery Plans from 2022

By Sanday Chongo Kabange | 24/06/2021

Starting in 2022, Sri Lankan banks with assets above LKR 1 trillion must formulate and submit their recovery plans to the CBSL annually.

Capital / Liquidity

NZ FMA Unimpressed With Liquidity Practices at Funds

By Manesh Samtani | 24/06/2021

The FMA says liquidity stress tests are not being performed frequently enough and fund managers do not have sufficient liquidity management tools.

Capital / Liquidity

Korean Cabinet Approves Rules on SIFI Resolution Plans

By Editors | 23/06/2021

SIFIs will be required to prepare recovery and resolution plans and submit them to the FSS within three months from being designated.

Capital / Liquidity

RBNZ Finalises 7-Year Roadmap for Higher Bank Capital

By Manesh Samtani | 18/06/2021

The minimum total capital requirement for banks will increase 9% from 1 July 2024. Banks will also be expected to hold a ‘Prudential Capital Buffer’.

Capital / Liquidity

ASIC Enhances Capital Rules for Securities, Futures Firms

By Sanday Chongo Kabange | 17/06/2021

Securities market participants must hold core capital of at least A$500,000, up from A$100,000 currently required. One year is given for compliance.

Capital / Liquidity

ISDA Chief Calls for Use of Common Risk Data Reporting Standard

By Ranamita Chakraborty | 14/06/2021

CRIF will reduce the risk data reporting burden, increase the accuracy and consistency of the information reported, and allow for more automation.

Capital / Liquidity

CBIRC Issues Final Rules on Resolution Planning for FIs

By Editors | 12/06/2021

Deposit-taking institutions, leasing companies, asset managers and insurers with assets exceeding a specified threshold are required to formulate recovery and resolution plans.