All posts tagged "Citibank"
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359Hong KongHKMA, SFC Publish Final List of FSPs Under Clearing Obligation
The HKMA and SFC will remove one entity that no longer conducts OTC derivatives business as its institutional services are now being provided by BofA Securities Inc, a new FSP.
June 25, 2020 -
612EnforcementRBI Fines Citibank, Six Others for Non-Compliance
Citibank did not comply with obligations to obtain declarations from customers about the credit facilities they have with other banks before granting them non-fund based facilities.
June 1, 2020 -
1.4KAML / KYCMAS, ABS Push Greater Adoption of Digital Financial Services
The Association of Banks in Singapore, support by MAS, is offering incentives to encourage uptake and usage of peer-to-peer funds transfer service PayNow.
April 10, 2020 -
1.4KFintech / RegtechSouth Korea to Formally Launch Open Banking System This Month
October’s 10-bank pilot attracted over 5.5 million bank accounts with the open banking service now expanded to include eight additional banks and fintech firms.
December 2, 2019 -
1.3KAustralia & NZEFS Reporting for Derivatives to Start in Q3 2020: APRA
APRA has determined that only ANZ, BNP Paribas, Citibank, CBA, Deutsche Bank, HSBC, JP Morgan, Macquarie, MUFG, NAB, Sumitomo Mitsui and Westpac will be required to report under ARS 722.0.
November 23, 2019 -
578Fintech / RegtechBursa Malaysia Completes SBL Proof-of-Concept Using Blockchain
The POC was a test of a private-permissioned blockchain-driven solution for securities borrowing and lending that can enhance market discovery, efficiencies and transparency.
November 6, 2019 -
647Capital RegulationHKMA, Hong Kong Banks Pledge Leniency for SME Borrowers
Nine major Hong Kong banks have pledged to help SME customers that encounter financial difficulties by adopting accommodative lending policies.
October 18, 2019 -
409Capital RegulationCapital Adequacy Deteriorates at Korean Internet-only Banks
The capital adequacy ratios of K Bank and Kakao Bank have fallen to 10.62% and 11.74%, respectively, compared 15.34% at Korea’s other institutions.
September 4, 2019 -
1.1KBig PictureSingapore: Two-Thirds of Consumers Willing to Try Digital Banks
A JD Power survey has found that 65% of Singapore customers are interested in opening digital bank accounts. The survey ranked HSBC first, OCBC second and DBS third in customer satisfaction.
August 3, 2019 -
1.6KFintech / Regtech
Malaysia to Use Blockchain in Securities Borrowing and Lending
Working with bank stakeholders, Bursa Malaysia is developing Southeast Asia's first blockchain proof-of-concept for securities borrowing and lending.
May 7, 2019
