SEC chairman Viraj Dayaratne said "steady progress" is being made and the CCP is expected to launch by year end as planned.
January 28, 2022Digital banks should have a minimum paid-up capital of IDR 10 trillion (USD 694 million). However, the capital deposit required at the time of application is IDR 3 trillion.
August 23, 2021Strengthening financial institutions’ resilience has never been more important, say Gabriele Vigo and Olivia White at McKinsey.
July 11, 2021APRA's John Lonsdale said the general quality of recovery plans amongst smaller banks was weaker than the regulator would like, and they may have fewer recovery options.
December 7, 2020Avoiding a hasty listing against significant change in the regulatory environment is in line with the responsibilities of market regulators towards investors and markets, the CSRC said.
November 6, 2020These applicants assessed as eligible will progress to the next stage of assessment, where they will be invited to present their proposals via virtual meetings.
June 19, 2020