Countries

The 28 officials and their immediate family members will be barred from entering China, Hong Kong and Macao, and restricted from doing business with China.

The three banks failed to conduct proper due diligence and verify cash that appeared to be abnormally restricted when underwriting Yongcheng Coal’s bonds.

The LME's trading ring has been used for metals trading since 1877. It's temporary closure in March due to the Covid-19 pandemic may end up being permanent.

An RBA internal report indicates that the absence of responsible lending laws could put borrowers at greater risk, particularly in a low interest rate environment.

Eligible issuers can offset up to 90% of the external review costs incurred for the issuance of sustainable sukuk and bonds, subject to a maximum MYR 300,000 per issuance.

New report details case studies and insights from banks that have implemented technologies to enhance the efficiency and effectiveness of their AML/CFT efforts.

The new contract will cater to participants who prefer cash settlement and smaller contract sizes, such as medium-sized corporates and individuals.

Companies will be required to meet a market cap threshold of TWD 1.5 billion to list on the new ‘Taiwan Innovation Board’, and profitability requirements will be eased.

If the PBOC identifies a non-bank payment institution as a monopoly, it can advise the State Council's antitrust committee to take action to break up the firm.

Since March 2020, the lower SRR ratio and flexibility to recognise MGS and MGII as part of SRR compliance have released MYR 46 billion in banking system liquidity.