Markets & Infrastructure

Credit Risk

New Debtor Protection Act Takes Effect in South Korea

By Manesh Samtani | 21/10/2024

The new law requires lenders to provide debt workout services to debtors before initiating debt collection, debt transfers or court proceedings.

Structural Regulation

UK Government Consults on Legislation to Regulate BNPL

By Editors | 21/10/2024

BNPL providers will have to ensure consumers receive clear information, avoid unaffordable borrowing, and have strong rights when issues arise.

Structural Regulation

Euroclear Acquires Strategic Stake in Singapore’s Marketnode

By Nithya Subramanian | 19/10/2024

Euroclear said it aims to participate in establishing a key APAC market infrastructure designed to simplify the management of funds flows and reduce settlement times.

Trading & Investment

EEX to Help Develop Hydrogren Trading Market in India

By Editors | 19/10/2024

The project will be supported by funding from the German government, which aims to promote green hydrogen projects in selected emerging markets.

Structural Regulation

China’s NFRA Updates Rules for Syndicated Loan Business

By Editors | 19/10/2024

The NFRA said the revised rules, proposed in March, will help to “enhance banks’ enthusiasm for developing syndicated loan businesses”.

Emerging Prudential Risks

China NFRA Issues Clarifications on Regulations for NBFIs

By Editors | 19/10/2024

The NFRA clarifies that certain NBFIs do not have to comply with the same rules as banks due to their tendency to have fewer shareholders and concentrated shareholdings.

Alternative Markets

Malaysia to Provide Financing Boost for Mid-Tier Companies

By Nithya Subramanian | 18/10/2024

The partnership aims to enhance capital market access for MTCs. An MYR 500 million fund will be directed to high-potential MTCs.

Conduct, Culture & Accountability

SGX Lifts Moratorium on UOBKH Following Remedial Actions

By Nithya Subramanian | 18/10/2024

UOBKH is now allowed to resume acting as an issue manager or full sponsor for new IPOs and reverse takeovers on SGX.

Payments & Settlements

Wise Granted Approval to Join Japan’s Zengin Network

By Editors | 18/10/2024

Wise is the first non-bank and the first foreign financial company to be granted approval to join the Zengin payment network.