The RBI has fully opened certain categories of government securities to non-resident investors and raised the FPI limit for investment in corporate bonds.
Federal approval is now required for all proposed foreign investments regardless of value or the nature of the foreign investors.
The new measures will include another RRR cut, $141bn in re-lending and re-discounting quotas, and new bond issuances to exclusively support SME loans.
Criminals and terrorists may seek to exploit gaps and weaknesses in national AML/CFT systems, under the assumption that resources are focused elsewhere, the FATF says.
Financial institutions are providing loan maturity extensions, interest payment deferment and low-cost loans to small business hit by Covid-19.
Listed issuers should consider adjourning or delaying their general meetings until at least after 11 April, when the prohibition on group gatherings has ended.
Banks can draw down on capital conservation buffers, defer capital requirements, and avoid classifying borrowers as non-performing.
P2P lending caps are being lowered to protect investors against potential defaults and delinquencies caused by the Covid-19 crisis.
The move will facilitate the delivery of welfare funds to beneficiaries who have no available valid IDs or transactional account with any financial institution.
A HKD 30,000 cash stipend is offered per contract per month per trading session upon fulfillment of quoting obligations in aluminium, zinc, copper and nickel mini futures contracts.