All posts tagged "hardship"
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491Asia-PacificBangladesh Bank Extends Policy on Loan Classification Leniency
Borrowers will not be considered in default if they repay 25 percent of their loan instalments until December this year.
September 2, 2021 -
394Australia & NZAPRA Issues Final Guidance on Credit Risk Management
The guidance APG 220 is published in advance of finalising the standard APS 220, which is contingent on potential changes to consumer credit laws.
August 21, 2021 -
293Australia & NZNew Zealand Ends Loan Repayment Deferral Scheme
Banks are continuing to work with borrowers who still need help to get back on track, says NZBA chief executive Roger Beaumont.
April 5, 2021 -
377Australia & NZ
APRA Proposes Potential Changes to Credit Risk Management Standard
Amendments, including an earlier implementation date, will be necessary if the government’s proposed consumer credit reforms are passed as legislation.
December 9, 2020 -
703Australia & NZ
APRA Orders Banks to Correct Deficient Securitisation Practices
APRA has found a number of banks not in compliance with its prudential standard on securitisation. A review now underway will continue into 2021.
December 7, 2020 -
461Australia & NZAussie Banks Adopt Safeguards Against Unfair Debt Collection Practices
The move comes after hundreds of vulnerable debtors who have had their homes put at risk in bankruptcy court this year over relatively small debts.
November 22, 2019
