Capital / Liquidity

Capital / Liquidity

HKMA Consults on Local Implementation of Final Basel III Reforms

By Editors | 19/11/2020

The consultation is open until 6 January 2021, ahead of industry engagement in 2021, legislative amendments in 2022, and a 1 January 2023 target implementation date.

Capital / Liquidity

Progress of G-SIBs Toward Resolvability Deemed Satisfactory: FSB

By Editors | 19/11/2020

Most G-SIBs are estimated to already meet the final 2022 minimum external TLAC requirement, and the market has so far absorbed issuance without difficulty.

Capital / Liquidity

CBIRC Loosens Provisioning Rules for Consumer Finance Companies

By Shruti Khairnar | 18/11/2020

Under a new notice, consumer finance companies and vehicle finance companies can apply to the CBIRC to reduce their required provisions coverage ratio.

Capital / Liquidity

RBI Proposes DBS as Merger Partner to Rescue Lakshmi Vilas Bank

By Editors | 18/11/2020

The RBI has capped withdrawals from Lakshmi Vilas Bank and superseded the bank’s board due to its “rapidly deteriorating financial position”.

Capital / Liquidity

PBOC Official Warns Lenders of Need to Protect Asset Quality

By Sanday Chongo Kabange | 17/11/2020

Sun Tianqi, appointed as head of the PBOC’s Financial Stability Bureau in May, urged commercial lenders to increase loan loss provisions and dispose of more NPLs.

AML / KYC

IMF Calls for Amendments to Philippine Bank Secrecy Laws

By Editors | 17/11/2020

The BSP should be granted “unimpaired access” to information on all customer accounts and the ability to employ and share depositor information for any prudential purpose.

Capital / Liquidity

RBNZ Consults on Implementation of Bank Capital Changes

By Manesh Samtani | 17/11/2020

The RBNZ is consulting on new rules for the instruments that make up a bank’s capital, and proposed actions it will take if banks breach prudential capital buffer requirements.

Capital / Liquidity

FSB Finalises Guidance on Assessing CCP Financial Resources

By Editors | 16/11/2020

The guidance will support jurisdictions and authorities in determining whether there is a gap in the resources and tools available for CCP resolution.

Capital / Liquidity

BOT Allows Banks to Pay Dividend for 2020, Subject to Limit

By Editors | 16/11/2020

The move follows an order from the BOT for commercial banks to suspend interim dividend payments and share buybacks in June.