Featured Product

    FSC Taiwan Revises Measures on Bank Capital Adequacy for D-SIBs

    November 03, 2022

    The Financial Supervisory Commission of Taiwan (FSC Taiwan) revised the administrative measures and regulations on bank capital adequacy to calculate the systemic importance scores for domestically systemically important banks (D-SIBs).

    FSC Taiwan notified that the list of domestically systemically important banks remains the same in 2022 in comparison with 2021. FSC Taiwan has revised the administrative measures and regulations, which were issued in 2018 and are titled "Bank Capital Adequacy and Capital Level Management Measures." The regulator has formulated the "systematic important bank screening criteria and implementation requirements," which is used to calculate the systemic importance scores of domestic banks and designate domestically systemically important banks. As per the latest revised administrative measures, FSC Taiwan has postponed the implementation period of the strengthening measures for raising the 2% internal management capital requirement over 4 years from 2022 to 2025. FSC Taiwan states that the capital adequacy ratios of the six domestically systemically important banks are in compliance with the minimum capital requirements for the current year. FSC Taiwan and the Depository and Insurance Corporation have completed a review of the operational crisis response measures reported by the domestically systemically important banks and invited them to comply. In addition, domestically systemically important banks shall report the results of the second pillar stress test in 2022 (all meet the qualification standards for the two years). FSC Taiwan further expects the six domestically systemically important banks to take on more responsibilities and missions for financial stability and to comprehensively promote the improvement of financial industry operations in terms of business, behavior, and corporate governance stability and soundness.

     

    Related Link (in Chinese): Press Release

     

     

    Keywords: Asia Pacific, Taiwan, Banking, Basel, Regualtory Capital, D-SIBs, Stress Testing, Financial Stability, Systemic Risk, FSC Taiwan

    Featured Experts
    Related Articles
    News

    BIS Bulletin Examines Cognitive Limits of Large Language Models

    The use cases of generative AI in the banking sector are evolving fast, with many institutions adopting the technology to enhance customer service and operational efficiency.

    January 25, 2024 WebPage Regulatory News
    News

    ECB is Conducting First Cyber Risk Stress Test for Banks

    As part of the increasing regulatory focus on operational resilience, cyber risk stress testing is also becoming a crucial aspect of ensuring bank resilience in the face of cyber threats.

    January 24, 2024 WebPage Regulatory News
    News

    EBA Continues Momentum Toward Strengthening Prudential Rules for Banks

    A few years down the road from the last global financial crisis, regulators are still issuing rules and monitoring banks to ensure that they comply with the regulations.

    January 24, 2024 WebPage Regulatory News
    News

    EU and UK Agencies Issue Updates on Final Basel III Rules

    The European Commission (EC) recently issued an update informing that the European Council and the Parliament have endorsed the Banking Package implementing the final elements of Basel III standards

    December 19, 2023 WebPage Regulatory News
    News

    Industry Agency Expects Considerable Uptake for Swiss Climate Scores

    The Swiss Federal Council recently decided to further develop the Swiss Climate Scores, which it had first launched in June 2022.

    December 18, 2023 WebPage Regulatory News
    News

    BCBS Consults on Disclosure of Climate Risks, Issues Other Updates

    The Basel Committee on Banking Supervision (BCBS) launched consultation on a Pillar 3 disclosure framework for climate-related financial risks, with the comment period ending on February 29, 2024.

    December 18, 2023 WebPage Regulatory News
    News

    US Government Moves to Regulate Development and Use of AI Models

    The U.S. President Joe Biden signed an Executive Order, dated October 30, 2023, to ensure safe, secure, and trustworthy development and use of artificial intelligence (AI).

    December 18, 2023 WebPage Regulatory News
    News

    MAS Launches Gprnt Digital Platform for ESG Reporting for SMEs

    The Monetary Authority of Singapore (MAS) launched an integrated digital platform, Gprnt, also known as “Greenprint.”

    November 29, 2023 WebPage Regulatory News
    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

    NGFS Publishes Phase IV Long-term Climate Scenarios for Banks

    The Network for Greening the Financial System (NGFS) published its latest set of long-term climate macro-financial scenarios (Phase IV) for assessing forward-looking climate risks.

    November 28, 2023 WebPage Regulatory News
    RESULTS 1 - 10 OF 8947