Banking Supervision

April 2020 the reserve bank announced on 18 march 2020 that it would extend the length of the transitional period for implementing the new outsourcing policy from 5 years to 6 years and reduce the minimum core funding ratio under its liquidity policy from 75 to 50.

Banking supervision. The reserve bank further announced on 2 april 2020 that it had. Banking supervision in hong kong is performed by the hong kong monetary authority hkma whose functions are to help. The federal reserve and the other federal banking agencies collect maintain analyze and make available to the public a wide range of financial and banking structure data.

The 29 core principles for effective banking supervision the core principles as published by the basel committee on banking supervision bcbs. These data are essential to formulating and conducting bank regulation and supervision and for the ongoing assessment of the overall soundness of the nation s banking system. The federal reserve works in conjunction with other federal and state authorities to ensure that financial institutions safely manage their operations and provide fair and equitable services to consumers.

An increased supervision by international organizations and national governments of activities carried out by financial institutions with the intent to curtail high risk lending and investing activities which were at the core of the global financial crisis of 2008 2009. Since november 2014 the acpr is a member of the single supervisory mechanism ssm of the euro area runs also an active cooperation policy with its foreign peers. 28 banking supervision in hong kong foreword hong kong s vibrant economy owes much to the safety and soundness of its banking system which in turn is founded upon an effective supervisory regime.

The federal reserve system supervises and regulates a wide range of financial institutions and activities. Supervisory approach we are responsible for the prudential regulation of banks building societies credit unions insurers and major investment firms. 20 october 2020 banking supervision portal gateway to our online services our banking supervision portal is live.

Further services will be added as they become available. The acpr contributes also to the definition and implementation of the european banking regulation. Recent changes to the banking supervision handbook.

It offers a single point of access for external users to use our online services to initiate supervisory processes or exchange documents with ecb staff. The basel committee on banking supervision bcbs is the primary global standard setter for the prudential regulation of banks and provides a forum for regular cooperation on banking supervisory matters.