All posts tagged "Banks"
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50Australia & NZNew Zealand Takes Step Towards New Financial Conduct Regime
New legislation to establish an effective fair conduct regime for the financial sector has passed its first reading in New Zealand.
February 19, 2020 -
203Capital RegulationRBI Expands One-Time Restructuring Scheme for MSME Loans
The benefit of one-time restructuring will be extended to include MSME loans in default as of 1 January 2020, with the debt restructuring window also extended to 31 December 2020.
February 11, 2020 -
996Australia & NZAustralia Considers Opening ‘Write’ Access Under Open Banking
The government will consider expanding the consumer data right to allow 'write' access by entities other than banks, similar to how the EU's PSD2 operates.
January 24, 2020 -
1.1KContributed ArticleDigital Identities: A Game Changer for Singapore Banking
Industry veteran Jamie Lloyd Evans discusses the introduction of digital identities in Singapore, and what it could mean for banking.
January 21, 2020 -
646AML / KYCBangladesh Introduces e-KYC for All Financial Services Firms
All financial institutions regulated by Bangladesh Bank are expected to introduce e-KYC in compliance with the new guideline by December 2020.
January 14, 2020 -
405Fintech / RegtechIndia’s NPCI Unveils DLT Based Platform to Further Streamline Payments
The Vajra Platform will enhance data security and transparency, facilitate real-time transactions and reduce reconciliation challenges and processing errors, the NPCI said.
January 7, 2020 -
360ChinaChina Banks, Insurers Urged to Develop Foreign Trade-related Services
New guideline asks banks and insurers to develop foreign trade-related financial services to help develop bilateral trade between China and key jurisdictions, including the 'Belt and Road' countries.
January 2, 2020 -
231Asia-PacificBSP Extends Registration Deadline for Payment System Operators
Existing payment system operators were given until 1 January to register with the BSP. This has been extended to 1 April 2020.
December 31, 2019 -
773FeatureSouth Korea Formally Launches Open Banking Service
Open banking will serve as a catalyst for various innovations and bring tectonic shifts in the financial industry, FSC chairman Eun Sung-soo said at the launch event.
December 20, 2019 -
295IndiaSEBI Restricts FPI Service Provisioning by Local Asset Managers
Asset management companies can provide management and advisory services to "appropriately regulated entities" such as pension funds, insurance companies, banks and mutual funds.
December 18, 2019
