Greenland Holdings has secured CNY 3 billion in loans. Yanggo Group will receive help from China Huarong Asset Management to restructure its debt.
To maximise the time available for entities to develop reporting solutions, the APRA Connect external test environment will be made available in early September.
Merchant bankers also agreed to provide support. Listed companies were asked to form market-making subsidiaries. Bangladesh Bank amended its rules on calculating bank exposure limits.
The revised Notice 637 will take effect from 1 January 2023, implementing the revised Pillar 3 disclosure requirements for IRRBB.
The proposed rules also raise the capital requirements for finance companies, while strengthening risk management and governance obligations.
This is the second tranche of changes to the CCCFA regulations, which have been criticised for making it too difficult for borrowers to obtain loans.
New paper aims to help advance industry efforts and dialogue on the concepts and processes used by CCPs to address losses from non-default events, such as cyber attacks.
The pandemic and recent inflation have heightened credit risk concerns. Supervisors have observed higher-risk and deficient lending practices.
A new paper from the Financial Stability Institute says neither entity-based nor activity-based regulation is in and of itself the optimal choice.
At a meeting last week, the CBIRC said it would focus its work on enhancing regional banks' capital positions and ensuring the stability of the real estate market.
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