Featured Product

    BCBS on NSFR and Large Exposure Rules in HK, Indonesia, and Singapore

    March 19, 2020

    BCBS published reports assessing the implementation of net stable funding ratio (NSFR) standard and the large exposures framework in Hong Kong SAR, Indonesia, and Singapore. The assessments found that the NSFR and large exposures regulations in each of these jurisdictions are compliant with the global standards of the Basel Committee. The assessments were conducted against the final BCBS-published NSFR standard from October 2014 and large exposures framework from April 2014.

    These publications form part of the Committee's Regulatory Consistency Assessment Program (RCAP), a series of reports on the implementation of Basel standards by member jurisdictions of the Basel Committee. The Basel Committee plans to complete its review of the implementation of the NSFR and large exposures standards for all member jurisdictions in 2021. RCAP is a central element of the Basel Committee's continuing efforts to promote timely adoption of its standards and to monitor its members' full and consistent compliance with the Basel Framework. Through RCAP, the Basel Committee monitors the timely adoption of regulations by its members, assesses their consistency with the Basel framework, and examines the consistency of banks' calculation of the prudential ratios across jurisdictions. RCAP helps member jurisdictions to identify deviations from the framework, weigh the materiality of any deviations, and undertake necessary reforms. Based on the findings of these assessments, many assessed jurisdictions have already amended their regulations to align them more closely with the Basel Framework, thus helping to promote global financial stability and achieve a level playing field for internationally active banks.

     

    Related Links

    Keywords: Asia Pacific, Hong Kong, Indonesia, Singapore, Banking, NSFR, Large Exposures, RCAP, Basel III, BCBS

    Featured Experts
    Related Articles
    News

    EBA Finalizes Templates for One-Off Climate Risk Scenario Analysis

    The European Banking Authority (EBA) has published the final templates, and the associated guidance, for collecting climate-related data for the one-off Fit-for-55 climate risk scenario analysis.

    November 28, 2023 WebPage Regulatory News
    News

    EBA Mulls Inclusion of Environmental & Social Risks to Pillar 1 Rules

    The European Banking Authority (EBA) recently published a report that recommends enhancements to the Pillar 1 framework, under the prudential rules, to capture environmental and social risks.

    October 31, 2023 WebPage Regulatory News
    News

    BCBS Consults on Disclosure of Crypto-Asset Exposures of Banks

    As a follow on from its prudential standard on the treatment of crypto-asset exposures, the Basel Committee on Banking Supervision (BCBS) proposed disclosure requirements for crypto-asset exposures of banks.

    October 19, 2023 WebPage Regulatory News
    News

    BCBS and EBA Publish Results of Basel III Monitoring Exercise

    The Basel Committee on Banking Supervision (BCBS) and the European Banking Authority (EBA) have published results of the Basel III monitoring exercise.

    October 18, 2023 WebPage Regulatory News
    News

    PRA Updates Timeline for Final Basel III Rules, Issues Other Updates

    The Prudential Regulation Authority (PRA) recently issued a few regulatory updates for banks, with the updated Basel implementation timelines being the key among them.

    October 18, 2023 WebPage Regulatory News
    News

    US Treasury Sets Out Principles for Net-Zero Financing

    The U.S. Department of the Treasury has recently set out the principles for net-zero financing and investment.

    October 17, 2023 WebPage Regulatory News
    News

    EC Launches Survey on G7 Principles on Generative AI

    The European Commission (EC) launched a stakeholder survey on the draft International Guiding Principles for organizations developing advanced artificial intelligence (AI) systems.

    October 14, 2023 WebPage Regulatory News
    News

    ISSB Sustainability Standards Expected to Become Global Baseline

    The finalization of the two sustainability disclosure standards—IFRS S1 and IFRS S2—is expected to be a significant step forward in the harmonization of sustainability disclosures worldwide.

    September 18, 2023 WebPage Regulatory News
    News

    IOSCO, BIS, and FSB to Intensify Focus on Decentralized Finance

    Decentralized finance (DeFi) is expected to increase in prominence, finding traction in use cases such as lending, trading, and investing, without the intermediation of traditional financial institutions.

    September 18, 2023 WebPage Regulatory News
    News

    BCBS Assesses NSFR and Large Exposures Rules in US

    The Basel Committee on Banking Supervision (BCBS) published reports that assessed the overall implementation of the net stable funding ratio (NSFR) and the large exposures rules in the U.S.

    September 14, 2023 WebPage Regulatory News
    RESULTS 1 - 10 OF 8938