Markets & Infrastructure

Structural Regulation

RBI Tightens Rules for P2P Lending Platforms

By Ajoy K Das | 19/08/2024

P2P lending platforms are now prohibited from providing credit guarantees, assuming credit risk, or offering liquidity options.

Alternative Markets

SC Malaysia Launches New Initiative to Boost Agri-Business Financing

By Nithya Subramanian | 19/08/2024

GROWMatch will tap into equity crowdfunding and P2P financing platforms to support MSMEs in the agri-business sector.

Clearing & Post-Trade

Indonesia to Establish Money Market CCP by End of Year

By Editors | 19/08/2024

Bank Indonesia and eight banks will invest in and help develop the CCP, which will be housed under IDClear, the CCP for the country’s capital market.

Structural Regulation

Korea to Issue Guidelines to Encourage Greater Use of KOFR

By Editors | 19/08/2024

The BOK and FSC plan to introduce KOFR-linked overnight index swaps and ultimately restrict the use of CD rates in IRS transactions.

PEPs & Sanctions

China Imposes New Export Controls on Strategic Minerals

By Editors | 18/08/2024

The export controls apply to antimony and related products as well as certain equipment and technologies used in materials science and engineering.

Credit Risk

FSC Korea Issues Guidelines on Protection of Debtors

By Editors | 17/08/2024

Financial companies have until 17 October to finalise internal standards to comply with new requirements under the Personal Debtor Protection Act.

Structural Regulation

Vietnam: HoSE Launches New Reporting System for Listed Companies

By Editors | 16/08/2024

HoSE emphasised the importance of ensuring submissions are accurate, comprehensive, and comply with reporting specifications.

Credit Risk

Australia Launches Inquiry to Improve Access to Home Loans

By Ranamita Chakraborty | 16/08/2024

Senator Andrew Bragg said the inquiry will examine bank lending practices and barriers that hinder access to finance for first home buyers.

PEPs & Sanctions

Russian Central Bank Cancels Banking Licence of Amex Unit

By Manesh Samtani | 16/08/2024

American Express was given approval to liquidate its Russian business in May, two years after it suspended operations in the country.