Requirements on the perpetual bond issuance have been revised and credit rating requirements for bond investments have been eased.
November 30, 2021India's new National Asset Reconstruction Company will acquire stressed assets through the issuance of tradeable security receipts guaranteed by the government.
September 20, 2021The study was conducted in light of the recent AML Act amendment which included the commission of tax crimes in the list of predicate offences for money laundering.
July 12, 2021The strategy includes a three-year plan to enable the financial sector to work together to help the public learn how to make good decisions around money.
April 22, 2021An RBI working group has previously recommended limiting banks to a 20 percent stage in insurers, down from 50 percent currently.
March 6, 2021Deposit-taking institutions, asset managers and financial leasing companies with CNY 300 billion in total assets have to formulate recovery and resolution plans.
March 2, 2021Under the proposed ILS Grant Scheme, the amount of grant for each issuance will be capped at HK$12mn, depending on the maturity of the ILS.
February 26, 2021Hong Kong has priced the first ever 30-year green bond by an Asian government and the longest tenor bond in its history.
January 28, 2021To date, only bank creditors have been allowed to initiate the establishment of creditor committees, while nonbank financial institutions were often excluded.
January 21, 2021Phase three of the SFTR places reporting obligations on investment funds, insurance companies and pension funds.
October 15, 2020