CAPITAL / LIQUIDITY

Capital / Liquidity

FSC Korea Issues Revised Capital Markets Rules

By Sanday Chongo Kabange | 15/03/2021

The new rules prohibit investors from placing multiple orders for IPO subscription via multiple brokerages and improve Chinese wall regulations

Capital / Liquidity

Dividend Restrictions Effective at Increasing Lending Capacity: BIS

By Manesh Samtani | 14/03/2021

Restrictions on capital distributions in the initial phase of the Covid crisis were effective in increasing bank lending, says new analysis from the BIS.

AML / KYC

APRA Ends Westpac Probe into Possible Banking Law Breaches

By Editors | 14/03/2021

The investigation did not find evidence of breaches of the Banking Act or the BEAR, according to APRA Deputy Chair John Lonsdale.

Capital / Liquidity

RBI Removes IDBI Bank from PCA Framework After Four Years

By Sanday Chongo Kabange | 11/03/2021

IDBI Bank has been removed from PCA restrictions following its latest financial position as of 31 December 2020.

Capital / Liquidity

FSC Korea Extends Easier Liquidity Rules for Banks

By Editors | 10/03/2021

The easier liquidity rules, introduced in April and extended in August, are now scheduled to end at the end of September.

Capital / Liquidity

PBOC to Limit Short-term Bond Issuance by Securities Firms

By Editors | 10/03/2021

Short-term bonds issued by securities firms will subject to a limit of 60% of net capital. The eligibility criteria have also been strengthened.

Capital / Liquidity

RBNZ Removes Liquidity Facilities Amid Improving Market Conditions

By Editors | 10/03/2021

Financial market conditions have “improved significantly” since the Term Auction Facility and the Corporate Open Market Operation were introduced.

Capital / Liquidity

BSP Issues Draft Guidelines on New ‘Bad Bank’ Law

By Ranamita Chakraborty | 09/03/2021

Banks can stagger the booking of losses from the discounted sale of NPAs to FIST corporations over five years, provided proper disclosures are made.

Capital / Liquidity

FSC Korea Issues New Rules for Non-holding Financial Groups

By Editors | 08/03/2021

Non-holding financial groups deemed to have financial soundness problems will be required to draw up and submit business improvement plans.