Banking regulator says lenders should limit local government debt exposure, not pay extraordinary dividends
Consultation paper and draft regulatory guide cover licensing and advice to retail clients.
Securities regulator to lead ‘bail in’ regime, required to regulate on capital and liquidity adequacy.
Banks required to set up regional committees on stressed loans to micro, small and medium-sized enterprises.
Regulations to cover bank corporate governance, foreign stakes and AML.
Committee wants large banks using internal models to provide standardised comparison with smaller peers.
Finance Minister learned of it only a month later when news initially appeared in the media.
Chairman says regulators will work to prevent systemic financial risks.
IPO is set to be launched in the next six to nine months.
Central bank deputy governor says economy and banking system can withstand substantial drop in house prices.