The measures enable borrowers to transfer retail and mortgage loans between different lenders for consolidation and refinancing.
Market forces alone will not be sufficient for Thailand to tackle carbon emissions and achieve net-zero, says Pongnut Thanaboonchai.
Non-Filipino citizens can become members of a bank's board of directors, to the extent of foreign ownership in the institution.
The SEC is seeking a greater degree of regulatory oversight for fintech firms and digital lenders to address "abusive and predatory practices".
EMI licence applications received from non-bank institutions will be processed until 15 December on a first-come, first-served basis.
The Department of Finance is finalising a sustainable finance framework for the issuance of the Philippines' first-ever sovereign green bonds.
The BOT has instructed banks to control the quality of their insurance sale practices, saying it is ready to implement "more intense" regulatory measures.
Banks with IDR 6 trillion in core capital, and non-bank institutions with IDR 100 billion in paid-up capital, can be direct participants of BI-FAST.
APAC financial institutions face threats from ransomware attacks, supply chain risks, and the resurgence of trojans and DDOS attacks.
The SBV has approved proposals for several state-owned and private banks to increase their charter capital.
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