Posts By Editors, Regulation Asia
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270TaiwanTaiwan Central Bank to Help SMEs Avoid Credit Crunch
Low-cost funding will be available to SMEs for 12 months via financial institutions starting from 1 April, with interest rates capped at a maximum 1.5%.
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391Asia-PacificSri Lanka Central Bank Directs FIs to Implement Debt Moratorium
The debt moratorium will be implemented for personal loans, credit card debt, SME loans, among other sectors. Financial institutions are also directed to provide new working capital loans.
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867Asia-PacificOJK Indonesia to Extend Payment Deadlines for MSME Loans
OJK will extend loan payment deadlines for MSMEs by up to one year and prohibit the use of debt collection services, while Bank Indonesia asks banks to lower lending rates.
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245Australia & NZRBNZ to Lower Core Funding Ratio Required of Banks
The RBNZ will reduce the required minimum CFR from 75% to 50% to help banks make credit available for mortgage holidays and business finance guarantees.
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243Asia-PacificBOT Establishes Liquidity Facility for Money Market, Fixed Income Funds
Money market and daily fixed income funds can obtain low-cost liquidity assistance from banks, which can in turn use fund units they buy under repurchase agreements as collateral for BOT liquidity.
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900Fintech / RegtechSecurities Market Principles Can Be Applied to Stablecoins: IOSCO
Preliminary analysis concludes that the Principles for Financial Market Infrastructures could apply to the global stablecoin arrangements, among other principles and standards.
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210Asia-PacificBangladesh Defers All ‘Defaulter’ Classifications Until 30 June
Banks can avoid reclassifying borrowers as defaulters until 30 June, allowing them to avoid extra provisioning and offer businesses new loans.
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412FeatureJapan Finalises Stewardship Code Revisions
Existing signatories have six months to update their disclosures to reflect the revisions, which include expectations to incorporate sustainability considerations in investment decisions.
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97Asia-PacificBSP Announces RRR Cut, Lenders Asked to Grant Debt Relief
The 200 basis point cut will release up to 200bn pesos in bank liquidity. Lenders are encouraged to continue lending and to offer debt relief to borrowers.
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349Capital RegulationBNM Orders Automatic Moratorium on Loan Repayments
Credit card balances should be converted to term loans. Banks will have to maintain a minimum NSFR of 80% instead of 100% from 1 July.
