From the Regulatory Reports
FSC Taiwan features launched specific advancements as a result with the COVID-19 pandemic. These advancements are put-off utilization of the final Basel III statutes and you will postponement from interior financing barrier conditions getting banking companies. FSC Taiwan in addition to requested banking institutions when planning on taking strategies having corporate and you will individual individuals which were influenced by the fresh pandemic. Knowing the danger-hit ability and you will funding suitability regarding residential banking companies less than COVID-19 crisis, FSC Taiwan try requiring thirty-six residential banking institutions to declaration ahead the results of next pillar stress attempt from inside the 2020. The test situation includes the new feeling of one’s crisis towards the brand new monetary industry and you may monetary environment.
In accordance with the previous step because of the BCBS to answer the newest COVID-19 pandemic, FSC Taiwan recently modified the fresh new plan to own implementation of the new Basel III final code. FSC Taiwan provides lay an objective from 2023, for the utilization of the final Basel III legislation. For the genuine estate exposures on such basis as the borrowed funds-to-Value Ratio under the standard method for borrowing from the bank chance, the latest tentative execution time are put-off of the 12 months, in order to . More…
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