The BOT sets out six steps for ensuring equitable lending practices, from the development of lending products to the sale of debts to other creditors.
New guidelines will cap the interest lenders can charge borrowers who consolidate debt owed to multiple lenders within the same group.
SEC and CSRC officials have agreed to explore the development and implementation of connectivity initiatives between their markets.
The guidelines set out a data governance approach that encompasses five aspects, allowing for flexibility to cater to the specific nature of a bank’s operations.
The prototype platform was able to complete international transfers and foreign exchange operations in seconds while also lowering the cost of cross-border operations.
Customers of participating financial institutions will be able to make real-time cross-border transfers using a mobile number.
TFEX says extended trading hours will accommodate investors’ trading needs and enable them to manage foreign exchange risk more conveniently.
Seven ASEAN exchanges have formed a new ESG working group to start work towards a ‘common sustainability programme’.
Disclosures should be made through the SET’s online portal, company websites, annual registration statements and annual reports.
The SEC said the information contained in prospectuses and factsheets is repetitive and redundant, making it difficult for investors to digest the information.
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