Payments banks will be able to accept application money, allotment or call money, and make payments of dividend or interest warrants.
August 10, 2021Local banks and finance companies should still exercise continued prudence in their discretionary distributions, and prioritise support to customers.
July 29, 2021The CBSL issued the directives after considering the possible adverse impact on liquidity and other KPIs of banks due to Covid-19.
July 28, 2021MAS is conducting stress tests on local banks to assess whether it is necessary to extend existing restrictions on dividend payments.
July 5, 2021The FSC arrived at the decision based on economic projections, bank stress tests, higher capital adequacy ratios, and higher loan loss provisions.
June 28, 2021AmCham Taipei's new whitepaper offers recommendations for banking, capital markets, asset management, private equity, insurance, tax, and sustainable development.
June 28, 2021The dividend ratio will be capped at 50 to 60 percent of a deposit-taking NBFC's profits, depending upon the nature of the business.
June 28, 2021Major shareholders cannot use borrowed funds to invest in banks, take out loans from the banks they invest in, or have cross-shareholdings with other banks.
June 22, 2021The minimum total capital requirement for banks will increase 9% from 1 July 2024. Banks will also be expected to hold a ‘Prudential Capital Buffer'.
June 18, 2021The project enables full straight-through processing for corporate actions, reducing risk for market participants and facilitating more informed decision-making.
June 18, 2021