Latest news with #BaselIII
Yahoo
an hour ago
- Business
- Yahoo
Bloomberg Expands HQLA Solution to Middle East as International Banks Increase Presence in Region
The HQLA solution helps monitor bank liquidity requirements under Basel III and now includes local rules for the United Arab Emirates (UAE) and Qatar NEW YORK, June 2, 2025 /PRNewswire/ -- Bloomberg today announced the release of their High-Quality Liquid Assets (HQLA) solution in the Middle East, expanding a Basel III regulatory data solution to the region and equipping financial institutions to monitor liquidity requirements in accordance with the Central Bank of the United Arab Emirates (UAE) Rulebook and the Qatar Central Bank's prudential regulations. One of the key reforms introduced by Basel III, the Liquidity Coverage Ratio (LCR), requires financial institutions to hold an adequate amount of unencumbered High-Quality Liquid Assets (HQLA) that can be converted easily and immediately into cash. The Basel LCR framework has been transcribed into each jurisdiction's national law in different ways, requiring a bespoke and customized solution for each jurisdiction to help banks identify asset classes eligible for inclusion in the HQLA. "As international banks expand into the Middle East, they are looking to Bloomberg as their trusted regulatory data partner to establish strong compliance processes with the local regulatory regime," said Leila Sadiq, Global Head of Enterprise Data Content at Bloomberg. "With this expansion, Bloomberg brings our robust HQLA data set and best in class reference data to Middle East jurisdictions to help all financial institutions including local banks, hedge funds and private banks in addition to international banks meet local liquidity and regulatory requirements." Bloomberg's HQLA solution now covers 12 jurisdictions and offers a set of data points to assist clients in complying with Basel III's LCR requirements and regulatory reporting. This data, which firms can also use for calculating their standardized credit risk capital requirements, consists of 4 main data sets: HQLA Classification - 33 security-level data points including the level of eligibility for different jurisdictions, Organisation for Economic Co-operation and Development (OECD) classifications and standardized risk weight. 30-day Stress Period Price Drop Metrics - Five data points providing the most recent single largest 30 calendar day price drop over relevant stress periods (under two methodologies). Liquid & Readily Marketable - 19 data points to assist clients in determining if fixed income securities are liquid and readily marketable. Central Bank Eligibility - Three data points to assist in determining if a security is accepted as eligible collateral by 14 major global central banks, together with the corresponding haircut values. HQLA is a high quality dataset available to bank treasurers, traders, regulatory reporting managers, risk officers and investment professionals via the Bloomberg Terminal as well as through an enterprise data feed. It was developed with input from regulators and industry experts in order to assure the precision and accuracy of the classifications provided. The HQLA solution is part of Bloomberg's Regulatory and Accounting Product suite, which helps professionals at banks, asset managers, insurers and other financial organizations navigate an increasingly complex regulatory and accounting disclosure environment. About Bloomberg Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit or request a demo. View original content to download multimedia: SOURCE Bloomberg Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Reuters
3 days ago
- Business
- Reuters
Brazil tightens prudential rules, adds individual liquidity requirements for banks
BRASILIA, May 30 (Reuters) - Brazil's National Monetary Council (CMN) tightened prudential rules on risk management, liquidity and capital for financial institutions, introducing individual requirements to complement existing rules for conglomerates. According to a central bank statement on Friday, the changes approved by the country's top economic policy body strengthen the stability of the financial system and align with the international Basel III regulatory framework as well as recommendations from the IMF and World Bank. The government will introduce a liquidity requirement taking effect in July 2026 for standalone financial institutions, aligning with the methodology already used for financial conglomerates. The rule will apply to institutions that are part of conglomerates classified under "Segment 1," which includes large and systemically important entities subject to stricter regulatory standards. Further changes to integrated risk management, effective in September, will seek to ensure timely liquidity transfers among institutions within the same conglomerate, the central bank said. Meanwhile, the leverage ratio calculation has been updated and expanded to cover all institutions except those with a low-risk profile. Its implementation will be phased in between July 2026 and January 2028. According to the central bank, the new requirement will apply on both consolidated and individual bases, including to payment institutions that lead large conglomerates integrated by financial institutions.
Business Standard
4 days ago
- Business
- Business Standard
IndusInd Bank receives ratings action from CRISIL
IndusInd Bank received credit ratings from CRISIL as under:Infrastructure Bonds (Rs 1500 crore) - CRISIL AA+ (continues on rating watch Negative) Basel III compliant Tier 2 Bonds (Rs 4000 crore) - CRISIL AA+ (continues on rating watch Negative) Short Term Fixed Deposit Programme - CRISIL A1+ (reaffirmed) Certificate of Deposits (Rs 40000 crore) - CRISIL A1+ (reaffirmed) Powered by Capital Market - Live News
Time of India
4 days ago
- Business
- Time of India
29_Mum_MS_RBIregulation
Rbi to formalise expected credit loss framework, project finance and issues guidelines to curb mis selling of financial products RBI will formalise the expected credit loss (ECL) framework for banks and issue guidelines to curb mis-selling of financial products by regulated entities (REs), including third-party offerings. These reforms, highlighted in its annual report, are part of RBI's broader effort to enhance financial sector resilience amid growing risks from technology, cyber threats, and climate change. The ECL framework marks a shift from the current incurred loss model to a forward-looking approach, aligning Indian banks with global norms. This transition, long in the works, is expected to improve credit risk recognition and provisioning discipline, potentially increasing short-term provisioning but making bank balance sheets more shock-absorbent over time. RBI conducted impact studies in phases since 2022 to assess readiness and calibrate implementation. Also on the cards is the implementation of new project finance guidelines, which were proposed earlier but were deferred from being implemented in FY25 by the new governor Sanjay Malhotra after he took charge. The reforms proposed in the last fiscal include increasing provisions on delayed projects by as much as 5% The planned mis-selling guidelines follow rising concerns over aggressive sales practices, particularly the cross-selling of insurance and investment products often to senior citizens to whom these products are not suited. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo The new rules will hold REs accountable not just for their own products but also for those sold through third-party tie-ups, with stricter conduct norms and disclosure standards. The department of regulation will also issue final norms for co-lending arrangements, revise securitisation guidelines for stressed assets, and release updated rules on income recognition and asset classification. As part of its Basel III rollout, RBI will issue credit risk norms, finalise market risk guidelines, and update disclosure requirements. Climate-related risks remain a key focus. RBI will publish disclosure norms, launch a climate risk data system, and issue supervisory principles. It will also review the green deposits framework and issue norms for sustainability-linked loans. Other planned reforms include revising internet and mobile banking regulations, setting differentiated norms for Type I NBFCs, and digitising regulatory processes through the new Regulatory Application Management System (RAMS). A consolidation of existing circulars into thematic master directions is also underway. The department of supervision will strengthen liquidity stress testing, tighten oversight of payment and small finance banks, and improve monitoring of digital infrastructure uptime. For urban cooperative banks and NBFCs, RBI will consider migrating them to risk-based supervision and review AML practices. A thematic review will examine whether NBFCs are adhering to interest rate caps set by RBI. RBI's fintech arm will expand central bank digital currency pilots, add B2C features to the unified lending interface, and upgrade its fraud detection tool It will also frame standards for the ethical use of AI in finance. Consumer protection will be reinforced through an overhaul of the ombudsman scheme and issuance of a new grievance redress framework. RBI will also upgrade its complaint handling system. The financial stability department will develop liquidity stress tools for NBFCs, extend stress testing to cooperative banks, and model climate transition risks in carbon-heavy sectors. It will also build a growth-at-risk model to assess future economic vulnerabilities. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
4 days ago
- Business
- Time of India
RBI to formalise expected credit loss framework, project finance and issues guidelines to curb mis-selling of financial products
MUMBAI: RBI will formalise the expected credit loss (ECL) framework for banks and issue guidelines to curb mis-selling of financial products by regulated entities (REs), including third-party offerings. These reforms, highlighted in its annual report, are part of RBI's broader effort to enhance financial sector resilience amid growing risks from technology, cyber threats, and climate change. The ECL framework marks a shift from the current incurred loss model to a forward-looking approach, aligning Indian banks with global norms. This transition, long in the works, is expected to improve credit risk recognition and provisioning discipline, potentially increasing short-term provisioning but making bank balance sheets more shock-absorbent over time. RBI conducted impact studies in phases since 2022 to assess readiness and calibrate implementation. Also on the cards is the implementation of new project finance guidelines, which were proposed earlier but were deferred from being implemented in FY25 by the new governor Sanjay Malhotra after he took charge. The reforms proposed in the last fiscal include increasing provisions on delayed projects by as much as 5% The planned mis-selling guidelines follow rising concerns over aggressive sales practices, particularly the cross-selling of insurance and investment products often to senior citizens to whom these products are not suited. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025: Steel Suppliers From Mexico At Lowest Prices (Take A Look) Steel Suppliers | search ads Search Now Undo The new rules will hold REs accountable not just for their own products but also for those sold through third-party tie-ups, with stricter conduct norms and disclosure standards. The department of regulation will also issue final norms for co-lending arrangements, revise securitisation guidelines for stressed assets, and release updated rules on income recognition and asset classification. As part of its Basel III rollout, RBI will issue credit risk norms, finalise market risk guidelines, and update disclosure requirements. Climate-related risks remain a key focus. RBI will publish disclosure norms, launch a climate risk data system, and issue supervisory principles. It will also review the green deposits framework and issue norms for sustainability-linked loans. Other planned reforms include revising internet and mobile banking regulations, setting differentiated norms for Type I NBFCs, and digitising regulatory processes through the new Regulatory Application Management System (RAMS). A consolidation of existing circulars into thematic master directions is also underway. The department of supervision will strengthen liquidity stress testing, tighten oversight of payment and small finance banks, and improve monitoring of digital infrastructure uptime. For urban cooperative banks and NBFCs, RBI will consider migrating them to risk-based supervision and review AML practices. A thematic review will examine whether NBFCs are adhering to interest rate caps set by RBI. RBI's fintech arm will expand central bank digital currency pilots, add B2C features to the unified lending interface, and upgrade its fraud detection tool It will also frame standards for the ethical use of AI in finance. Consumer protection will be reinforced through an overhaul of the ombudsman scheme and issuance of a new grievance redress framework. RBI will also upgrade its complaint handling system. The financial stability department will develop liquidity stress tools for NBFCs, extend stress testing to cooperative banks, and model climate transition risks in carbon-heavy sectors. It will also build a growth-at-risk model to assess future economic vulnerabilities. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
