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, 2021Information security consultant CyberX9 said CDSL took seven days to fix the initial vulnerability when it could have been fixed within two hours.
November 13, 2021Enhancing MMF resilience will help address systemic risks and minimise the need for central bank interventions to support the sector, the FSB said.
October 12, 2021New circular covers eligibility criteria, validation for accreditation, the procedure to avail benefits linked to accreditation, and flexibility for investors to withdraw consent.
September 5, 2021The lock-in period for promoters will be eased from 36 to 18 months. For pre-IPO investors, the lock-in will be reduced from 12 to 6 months.
August 11, 2021The principles are based on a broader definition of climate finance which goes beyond debt instruments and captures equity financing and working capital.
June 23, 2021Asset managers can start submitting applications for approval to establish a new mutual fund using a new online system from 1 June.
June 11, 2021The updated rules aim to further streamline the centralised database and provide further ease of access of information for investors.
June 11, 2021The government proposal to stop requiring companies to reveal certain information about directors will hinder fund managers’ ability to conduct due diligence.
June 4, 2021Despite criticism from investors, most banks adopt a 20 percent cap on dividends, as recommended by the FSC in January.
June 3, 2021