To help support small businesses, state-run financial institutions will provide liquidity worth about 4 trillion won.
Designated payment systems are expected to demonstrate adequate governance and risk management arrangements in line with the PFMI.
Sri Lankan companies will be allowed to raise debt and equity in foreign currency on the Colombo Stock Exchange. A new benchmark index is also being launched.
Cards held in a third-party wallet such as a bank app can pay in-store only if they are routed through Apple Pay for a cost.
The bill requires banks and non-bank FIs to "exhaust all means to ensure that victims are able to recover their monetary loss, if any".
A SPAC has to raise at least HKD 1 billion from its initial offering. Subscription and trading will be restricted to professional investors.
With a KUA or sub-KUA licence, NBFCs will be able to authenticate client Aadhaar numbers using the e-KYC facility provided by UIDAI.
Users of NPCI's BHIM mobile app will be able to make UPI QR-based payments at merchants progressively across north and southeast Asia from early 2022.
Chinese authorities may be preparing for a major restructuring of Evergrande's debt, as protesting investors demand repayment on overdue wealth management products.
SIX Digital Exchange is approved to act as a CSD and its associated company SDX Trading to act as a stock exchange.
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