CAPITAL / LIQUIDITY

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    Capital / Liquidity

    RBI Directs NBFCs to Limit Cash Disbursals for Gold Loans

    By Ajoy K Das | 10/05/2024

    The Income Tax Act prohibits any individual from receiving more than INR 20,000 as a loan amount in cash.

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    Capital / Liquidity

    Law Firms Rally Asian AT1 Claimants Against Switzerland

    By Mark Johnston | 10/05/2024

    Several law firms including Withers are spearheading efforts to recover funds lost in Credit Suisse AT1 bonds by Asian investors.

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    Securities / Derivatives

    RBI Adjusts Bank Capital Market Exposure Norms

    By Ajoy K Das | 07/05/2024

    The RBI said the move to T+1 settlement prompted a review of the existing guidelines on the issuance of IPCs by banks.

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    Capital / Liquidity

    RBI Allows Standalone Primary Dealers to Borrow Forex

    By Ajoy K Das | 06/05/2024

    Standalone primary dealers can now borrow FX from their parent companies and other authorised entities.

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    Capital / Liquidity

    NZ Treasury Consults on Funding for Depositor Compensation

    By Editors | 06/05/2024

    The consultation paper seeks feedback on the funding strategy for the Depositor Compensation Scheme.

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    Capital / Liquidity

    RBI Proposes Higher Provisions for Projects Under Construction

    By Ajoy K Das | 05/05/2024

    The RBI proposes to require higher provisions for financing of projects in the construction phase, even if not overdue or stressed.

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    AML / KYC

    HKMA Outlines Key Priorities, Green Ambitions for 2024 and Beyond

    By Sanday Chongo Kabange | 02/05/2024

    The HKMA has outlined its priorities for 2024 and beyond in its latest annual report and its 2023 sustainability report.

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    Capital / Liquidity

    Redomiciling VCC Funds to Singapore Can Be ‘Daunting’

    By Nithya Subramanian | 02/05/2024

    Besides navigating a complex maze of regulatory, tax and operational hurdles, the spectre of asset illiquidity during transition looms large.

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    Capital / Liquidity

    PBOC Directs Banks to Cut Exposures to Long Duration Bonds

    By Editors | 01/05/2024

    The PBOC sees a mismatch between market prices and the economic outlook, and is trying to prevent further downward pressure on the yuan.

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    Capital / Liquidity

    BCBS Proposes Counterparty Credit Risk Management Guidelines

    By Editors | 01/05/2024

    The guidelines seek to address weaknesses in CCR management, as demonstrated in the Archegos failure and other recent episodes of NBFI distress.

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