For homes worth more than THB 10 million, first home buyers have to pay a minimum down payment of 10%, compared to 20% earlier.
Banks and insurers are required to complete complaints handling processes within 15 days in cases where the facts are clear and the matter in dispute are simple.
State-owned enterprises may only engage in derivatives trading for hedhing purposes. Speculative derivatives trading is explicitly prohibited.
The exchange will match buyers and sellers of financial data and facilitate the use of big data analytics to improve product development in the financial industry.
The progressive development of digitalisation initiatives will bring profound changes to how the HKMA works and further enhance its efficiency, says deputy chief Howard Lee.
To register passport funds that can be offered in overseas markets, fund managers in Korea must have at least $500mn under management and meet a $1mn minimum capital requirement.
The group will assess CBDC use cases; economic, functional and technical design choices, including cross-border interoperability; and share knowledge on emerging technologies.
The move will help address demands concerns from overseas participants for the availability of better tools to hedge India exposures.
The draft rules require that separate bond issuances be at least six months apart, and that issuers limit their issuances to three times capital.
The OJK wants all lenders to have a minimum core capital of 3tr rupiah by 2022. About half of Indonesian banks will be affected.