RBI proposes P2P lending platforms be regulated as non-banking finance companies.
CBRC says staff ‘used their supervisory power to further their personal interests’.
Task force to looks at bank recapitalisation plans amid restructuring of troubled industries.
Banks must report foreign contributions to NGO accounts within 48 hours of receipt.
Regulator says it is concerned Japan’s fintech development lags other advanced economies.
Myanmar exchange opens with single stock previously traded over-the-counter.
Financial services authority to also introduce tax incentives for start-ups.
Deputy governor says central bank will create ‘concept note’, decide whether to regulate P2P.
Brokerages, mutual funds, portfolio managers and others will be able to forego written applications.
Bank of China among 10 commercial lenders able to invest directly in tech companies.