About 12 developers will be supported by banks and distressed debt managers in the first wave of the programme.
April 28, 2022Banks will have to hold 'bad debt' level provisions against funds allocated for certain business expenditures if they sit on the balance sheet as 'other assets' for over a year.
April 20, 2022A new working group will recommend new eligibility criteria that could allow private equity funds and other pooled investment vehicles entities to sponsor mutual funds.
April 13, 2022Regulatory requirements have also been amended to allow foreign securities companies entering the Japanese market to submit their registration applications in English.
April 12, 2022The PBOC cited as examples the measures taken in relation to TMRW Group, Anbang, HNA Group, Baoshang Bank, Bank of Jinzhou and Hengfeng Bank, among others.
March 15, 2022Paxos will gain a DPT licence under the Payment Services Act. Sygnum will provide fund unit tokenisation and securitise NFTs and metaverse assets.
March 11, 2022A new regulated activity (RA 13) will be introduced which will subject trustees and custodians of public funds to licensing requirements and ongoing regulatory supervision.
February 23, 2022JV AMCs can provide banks more flexibility to manage bad debts, while also providing relief to borrowers who are unable to service their debt or face a collateral liquidation threat.
February 3, 2022A futures exchange centre also be established to support the SZSE in implementing a whole-market registration system.
January 26, 2022The rules set out the disclosures overseas ESG-themed funds should make to be distributed in Taiwan.
January 24, 2022