The second phase of the programme is aimed at helping troubled borrowers who owe credit card and personal loan debt to both bank and non-bank lenders.
HKEX will become the first Asian stock exchange to adopt Euroclear’s international central securities depository ETF settlement model, which allows trades in different markets to be settled in a central location.
The regulator says it is engaging relevant stakeholders to ascertain the unique value that such virtual bank entrants could bring to Singapore's banking landscape.
The CSRC has installed officials at a troubled securities firm, N-Securities, over concerns about excessive debt and inadequate risk management.
ASX has made available the first of seven ‘drops’ of software code, with additional functionality set to be released at eight-week intervals.
Chinese banks have reduced the amount of US dollars customers can withdraw and are required to keep a watch list of clients who make frequent foreign currency withdrawals.
The Association of Mutual Funds in India has issued new guidelines on how fund managers should write down debt and take haircuts for sub-investment grade securities.
China’s central bank has cut the reserve requirement ratio for smaller, locally focused banks. This is the sixth RRR cut since the start of 2018.
Working with bank stakeholders, Bursa Malaysia is developing Southeast Asia's first blockchain proof-of-concept for securities borrowing and lending.
Three brokerages facing market bans had asked for a temporary stay to close out open futures and options positions.