The BOT is allowing LTV ratios of up to 110 percent, including top-up loans for home decoration, for first homes priced below THB 10 million.
Marcus Pleyer said "there is no discussion on blacklisting Pakistan" as its government has demonstrated a "clear commitment" and is cooperating with the FATF.
The committee will advise Sri Lanka's cabinet on a regulatory framework for Sri Lanka for blockchain, digital banking and crypto mining.
Banks have six months to enable capabilities to generate XML reports and ensure appropriate personnel is in place.
The single borrower limit was increased to mobilise funding toward projects that support the Philippines' economic recovery efforts and nation building.
The BSP proposes a 3 percent RRR for digital banks, aligning them with thrift lenders. A 7th licence will not be issued at the stage as previously planned.
The bill will strengthen the legal framework for financial consumer welfare and foster greater public awareness on cybersecurity, the BSP said.
The guidelines include national digital ID system PhilSys as an accepted method for verifying customer identities, subject to proper authentication.
Seven ASEAN exchanges have formed a new ESG working group to start work towards a ‘common sustainability programme’.
The new office will simplify capital raising, streamline registration processes, and promote SME-friendly underwriting and advisory programmes at FIs.
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