Regulation

  • EBA clarifies guidance on loans under moratoria

    EBA clarifies guidance on loans under moratoria

    The European Banking Authority has made it clear when loans subject to Covid-19 moratoria should be classified as forborne exposures or distressed restructurings, following calls from the industry for further guidance in this area.

  • SRB plans to be ‘flexible’ over MREL, reporting deadlines

    SRB plans to be ‘flexible’ over MREL, reporting deadlines

    The Single Resolution Board has said it will offer banks some flexibility around their regulatory reporting deadlines, easing the operational strain on the sector during the coronavirus pandemic. But European banks are looking more clarity on certain elements related to the minimum requirement for own funds and eligible liabilities.

  • New Zealand bans dividends and T1 redemptions

    New Zealand bans dividends and T1 redemptions

    The Reserve Bank of New Zealand will prevent its financial institutions from redeeming subordinated bonds during the coronavirus pandemic, putting itself in contrast with other parts of the world, where banks remain free to manage their debt capital as they see fit.

  • China details stimulus plan, plans targeted RRR cut

    China details stimulus plan, plans targeted RRR cut

    China’s State Council has unveiled details on yet another stimulus package to support its economy, including more local government bonds, lower interest for loans and a potential cut in the reserve requirement ratio for smaller banks.

  • Backlash against short selling ban grows

    Backlash against short selling ban grows

    A financial industry fightback against bans on short selling by some jurisdictions is picking up pace, as lobbyists argued against the restrictions this week.

  • China changes tack on supervising securities firms

    China changes tack on supervising securities firms

    The China Securities Regulatory Commission (CSRC) has selected six domestic securities houses to be regulated on a consolidated basis. The move will grant these firms more flexibility in risk assessment and enable them to have a higher leverage ratio.

  • OSFI releases Canadian covered bond liquidity bottleneck

    OSFI releases Canadian covered bond liquidity bottleneck

    A leading covered bond investor has reacted positively to a series of measures announced by Canada’s Office of the Superintendent of Financial Institutions’ (OSFI) which have effectively provided stable access to emergency funding, including a temporary increase in the amount of covered bonds the country's banks can issue. The move comes after a heavy spell of supply that had sparked concerns that Canadian banks were struggling for cash.

  • US gives sweet SA-CCR relief

    US gives sweet SA-CCR relief

    US market participants’ can now use their preferred method of calculating counterparty credit risk (CCR) for derivatives, after US regulators brought the adoption of SA-CCR forward.

Regulation News Archive