All posts tagged "Banking Act"
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1.2KFintech / RegtechJapan to Propose Easier Fintech Investment Rules for Banks – Report
The proposal includes scrapping a requirement for bank holding companies to obtain FSA approval to acquire more than 15% of nonfinancial companies.
May 8, 2020 -
386EuropeS. Korea Regulatory Framework for Banks Deemed EU-Equivalent
EU credit institutions can apply preferential risk weights to relevant exposures to entities located in Korea, effectively reducing the capital requirements associated with such exposures.
January 24, 2020 -
700Asia-PacificSri Lanka to Enact New Banking Act in 2021
The new Banking Act will streamline the licensing process, branch approvals, and adopt a proportionality framework for banking regulations, among other changes.
January 10, 2020 -
926Capital RegulationSingapore Banking Amendment Bill Introduced in Parliament
The bill will remove the DBU-ACU divide, expand the grounds for which MAS can revoke bank licences, and empower MAS to regulate outsourcing arrangements.
November 5, 2019 -
775Market InfrastructureMAS Consults on Subsidiary Legislation for Winding Up VCCs
The MAS is seeking feedback on proposed subsidiary legislation relating to the insolvency and winding up of a VCC and its sub-funds.
July 25, 2019 -
526Market Infrastructure
MAS Proposes Consolidated Regulation, Licensing for Merchant Banks
MAS is consulting on proposals to consolidate regulation of merchant banks under the Banking Act, and to move them to a licensing regime.
May 22, 2019
