Ranamita Chakraborty

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    Ranamita is a Singapore-based reporter with over five years of experience in journalism, content writing and public relations. She holds a Master's degree in International Relations from RSIS, NTU Singapore and a Bachelor of Communication degree from Murdoch University, Australia.

    Articles by Ranamita Chakraborty

    RBNZ, RBA, Bank of Canada Form Network to Foster Indigenous Inclusion

    01/05/2021

    Other central banks are encouraged to join the network, which will serve as a community of practice to share knowledge and foster indigenous inclusion.

    Fintech / Regtech

    Savings Banks Introduce Open Banking Services: FSC Korea

    01/05/2021

    Open banking is now being provided by all types of deposit-taking institutions in Korea. Credit card companies will start from end-May.

    AML / KYC

    Australia Scraps Plan to Introduce Beneficial Ownership Register

    30/04/2021

    Senator Jane Hume reportedly refused to back the register, a move experts say will entrench Australia as a money laundering haven.

    Market Infrastructure

    RBNZ Releases Final Guidance on Developing Cyber Resilience

    29/04/2021

    This guidance provides the baseline-level of cyber resilience recommendations as well as recommendations for enhanced-level practices.

    ESG / Sustainability

    Japan FSA to Issue Climate Risk Guidelines for Banks

    29/04/2021

    Financial institutions will be expected to incentivise borrowers to decarbonise through loan terms and preferential interest rates.

    Securities / Derivatives

    Ant Group Money Market Fund Shrinks to Four-Year Low

    27/04/2021

    In response to regulatory pressure, Ant Group has been urging investors through in-app notifications to switch to other funds.

    Capital / Liquidity

    FSC Korea to Promote Lending to Low Credit Score Borrowers

    27/04/2021

    Banks will be advised to boost mid-range interest rate lending to borrowers with low to moderate credit scores, among other measures.

    Fintech / Regtech

    Australia: Tax Reforms Proposed to Support Financial Hub Ambitions

    27/04/2021

    Under Senator Andrew Bragg’s proposal, technology and finance business that relocate to Australia would pay concessional tax rate for seven years.

    ESG / Sustainability

    Australia: Super Fund Body Launches New Climate Change Policy

    27/04/2021

    The Australian Council of Superannuation Investors is seeking the integration of climate change risk in super fund investment strategies.

    Enforcement

    Taiwan FSC Fines Fund Managers for Stock Manipulation

    25/04/2021

    The three fund managers bought shares in Far Eastern Department Store at the request of a former official who has since been charged with corruption.

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