The Reserve Bank of India has updated bank capital rules, aligning them with global standards and clarifying how lenders assess trading partner default risk. New guidelines require banks to include trading-partner exposures from all consolidated entities. Updated ‘add-on’ percentages for off-balance-sheet trades like derivatives are now in effect, impacting capital requirements for clearing members on exchanges.
US SEC chairman moves to give states power over shareholder resolutions
The U.S. Securities and Exchange Commission is considering rule changes for shareholder proposals. This shift could reduce investor activist influence and grant new powers to