Loans not guaranteed by public sector entity now only need to be registered; Documentary requirements relaxed.
Six months forbearance to be allowed for obtaining LEI codes from clients, non-EU issuers of financial instruments.
Banks using internal ratings for credit risk under Basel guidelines will be allowed to have commodities as physical collateral.
Report warns on conflicts of interest in sales practices and asset management; notes asset management sector now has more than half of...
New guidelines introduce additional disclosure and reporting requirements for SRI-designated funds.
Industry body recommends increasing the deposit limit for new banking entrants, allowing more time to meet the prudential framework.
Yeo Jiawei, a former BSI wealth manager, gets lifetime ban to add to his convictions for 1MDB related money laundering, cheating and...
Code of conduct, which is awaiting approval by ASIC is legally binding in contracts with consumers, bans unsolicited credit card limit increases.
Central banks commit to fostering information exchange and cooperation in areas of licensing, on-site examinations, supervisory colleges, crisis management.
Consultation covers raising of minimum capital requirement to HKD10 million, introduction of derivatives use by public funds with enhanced safeguards.