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Fintech / Regtech
Singapore Digital Banks Urge MAS to Lift Caps on Deposits
By Editors | 14/07/2023
Grab’s GSX Bank and Sea’s MariBank say the deposit cap imposed on new digital banks is hindering their ability to expand and lend.

Capital / Liquidity
HKMA Announces Orderly Exit from Loan Holiday Scheme
By Editors | 12/07/2023
The Pre-approved Principal Payment Holiday Scheme has “fulfilled its purpose and an orderly exit should commence”.

Big Picture
Collateral Use Can Introduce Financial Stability Risks: BIS Officials
By Manesh Samtani | 12/07/2023
Using collateral reduces incentives for borrower screening and monitoring and can undermine the safe haven status of government securities.

Capital / Liquidity
Korean Banks Asked to Prepare Support Funds for Credit Cooperative
By Sanday Chongo Kabange | 12/07/2023
The big five banks were asked to prepare KRW 1 trillion of financing as potential support for MG Community Credit Cooperative.

Capital / Liquidity
China Extends Policy Measures to Support Real Estate Market
By Editors | 11/07/2023
The extension will helpensure financial services are available to support the delivery of completed properties to homebuyers.

Capital / Liquidity
US Fed Proposes Stricter Capital Rules for Major Banks
By Manesh Samtani | 11/07/2023
Michael Barr said the proposed changes would not be fully effective for “some years” because of the rulemaking process and the transition period provided.

Capital / Liquidity
RBNZ Consults on New Capital Instrument for Mutual Banks
By Sanday Chongo Kabange | 11/07/2023
Mutual banks will be allowed to issue a new MET1 capital instrument, providing them more capital raising flexibility.

Capital / Liquidity
Korean Authorities Work to Ease Concerns After Bank Run
By Manesh Samtani | 10/07/2023
The FSC established a crisis response team late last week in response to a bank run at a major credit cooperative.

Capital / Liquidity
China Unveils Regulatory Framework for Private Equity Funds
By Karen Ng | 10/07/2023
China unveils a formalised framework for regulating its USD 2.9 trillion private equity industry.

Capital / Liquidity
China Cuts Public Offering Funds Fee Rate
By Jill Wong | 10/07/2023
A CSRC work plan has capped management fees at 1.2 percent and custodian fees at 0.2 percent per annum.
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