All posts tagged "Debt"
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381Australia & NZRBNZ Consults on Potential Mortgage Lending Restrictions
Banks need to prepare their systems for the future introduction of DSRs, and should be operationally ready to implement a regulated DTI limit by end-2022.
November 24, 2021 -
647AML / KYCSingapore Repatriates Another $16.3m of 1MDB Funds to Malaysia
Total 1MDB assets amounting to $4.9bn have now been returned. Asset recovery is still being pursued in the US, UAE, Taiwan, Singapore, and Hong Kong, among other countries.
November 22, 2021 -
587ChinaChina Lifts Freeze on ABS Issuance by Property Developers
Regulators reportedly plan to also relax restrictions on the size of new interbank bond issuance by "high quality" developers.
November 21, 2021 -
597Crypto / Digital AssetsFSB Plenary Agrees Work Programme for 2022
The programme includes work around the response to Covid-19, NBFI resilience, crypto/stablecoin/DeFi risks, climate risk, and the post-2008 crisis reforms.
November 19, 2021 -
630MalaysiaMalaysia to Enact New Consumer Credit Act in 2022 – Reports
The Consumer Credit Act will provide a regulatory framework for the issuance of consumer credit and strengthen oversight of non-bank credit providers.
November 18, 2021 -
208ChinaShenzhen Delivers ‘Landmark’ Personal Bankruptcy Ruling – Report
The ruling is is step towards building China’s legal framework that will allow millions of individuals to reorganise their debts.
November 13, 2021 -
575Big PictureFed Warns of Spillover Risk from China Property Markets
Financial stresses in China could strain global financial markets and affect the US, the Federal Reserve says in its financial stability report.
November 10, 2021 -
205Hong KongHong Kong Makes Fixed-Rate Mortgage Scheme Permanent
The scheme was announced as a pilot in the 2020-2021 budget and extended last November. Fixed-rate mortgage loans totalling around HKD 400 million have so far been approved.
November 2, 2021 -
413FeatureSFC Finalises Conduct Rules for Bookbuilding, Placing Activities
New requirements on bookbuilding, pricing, allocation and placing activities will take effect in August 2022, the SFC said.
October 31, 2021 -
261Capital / LiquidityS. Korea Unveils More Measures to Contain Household Debt
Among the measures, the FSC will monitor how banks are applying suitability and adequacy principles in their lending, and impose fines for violations.
October 29, 2021
