All posts tagged "funding"
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1.2KFintech / RegtechMAS Pledges SG$250m to Boost Financial Sector Innovation
Maximum funding under the POC Grant and AIDA Grant will be increased. Support for large-scale innovation projects and staff training will also increase.
August 14, 2020 -
290AML / KYCEU Imposes First Sanctions Against Cyber Attackers
Measures will be taken against six individuals and three entities, including travel bans, asset freezes, and a prohibition on obtaining funding from the EU.
August 4, 2020 -
539Australia & NZReserve Bank of New Zealand Bill Introduced in Parliament
The Bill focuses on reforming RBNZ’s overall institutional, governance, accountability, and funding arrangements, effectively updating 30-year-old legislation.
July 30, 2020 -
1.4KFeature
MAS to Assess Covid-19 Impact on Digital Bank Applicants
MAS will reportedly interview digital bank applicants to understand the changes in their strategy as a result of Covid-19, including any impacts on their funding and profitability plans.
June 4, 2020 -
1.6KAML / KYCIndia to Tighten KYC Rules for Hong Kong, China FPIs
Alongside stricter KYC procedures during FPI registration, India may set a 10% beneficial ownership cap on foreign investment from China including Hong Kong.
May 27, 2020 -
607ChinaClearstream, Euroclear Appoint First Chinese Bank as Common Depository
As a common depository, CCB (Asia) will facilitate access to the international capital markets for Chinese issuers, and provide APAC investors easier access to the Eurobond market.
May 20, 2020 -
487Australia & NZNew Zealand to Nearly Double FMA Funding Over Three Years
The FMA’s funding is being increased over three years to minimise the burden on the financial sector entities who pay levies, where most of the new funding will come from.
May 15, 2020 -
521InternationalFSB Updates G20 on Coordinated Response to Covid-19
Since mid-March, FSB members have reported about 850 discrete actions to address the financial and economic fallout related to Covid-19.
April 15, 2020 -
529KoreaBOK to Provide Banks $12b in USD Funding This Week
The move is expected to help stabilise US dollar funding markets, after the BOK signed a $60bn currency swap agreement with the US Federal Reserve earlier this month.
March 30, 2020 -
336SingaporeMAS Offers Banks US Dollar Funding
Banks are "strongly encouraged" to avail themselves of MAS liquidity facilities so that they can better serve customers.
March 27, 2020
