All posts tagged "Lending"
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7Asia-PacificBOT to Embrace Digital Technology in Regulatory Approach
The BOT will promote open data and infrastructure to facilitate SME access to credit. The sandbox rules will also be updated.
September 19, 2021 -
78Australia & NZAustralia Can Do More to Facilitate Sustainable Recovery: OECD
The OECD recommends the creation of a roadmap for improving reporting of climate-related risks by listed companies and financial institutions.
September 16, 2021 -
171ChinaAnt Group Ordered to Separate Lending Apps from Alipay
Ant Group's lending businesses Huabei and Jeibei will also have to transfer data used for lending decisions to a new credit scoring joint venture.
September 14, 2021 -
106Capital RegulationRBI Removes UCO Bank From PCA Framework
UCO Bank is no longer in breach of the PCA parameters based on its latest results. Only Indian Overseas Bank and Central Bank of India remain under the PCA framework.
September 13, 2021 -
142Fintech / RegtechRBI Account Aggregator Framework Brings Open Banking to India
Eight banks have joined the account aggregator network, which enables consumers to share financial data with third parties in a safe and secure manner.
September 13, 2021 -
110EnforcementFSS Korea Warns KB Savings Bank Over Lax Lending Controls
KB Savings Bank increased its household lending by raising internal limits and discounting interest rates, without a strict review process and proper oversight.
September 9, 2021 -
1.1KEuropeEU Banks Urged to Accelerate Adoption of ESG Risk Strategies
European Commission report finds most European banks are failing to highlight, measure and report on their ESG risks.
September 3, 2021 -
231Asia-PacificThai SEC Proposes Rules to Protect Custodied Digital Assets
The SEC has proposed new additional requirements for digital asset businesses regarding the custody of clients’ assets, both fiat money and cryptocurrency.
August 31, 2021 -
168Australia & 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 -
173Hong KongBanks Already Pricing Transition Risks in Loans: HKMA
New research finds that APAC banks are charging 'brown' firms a higher lending rate than 'non-brown' firms, by around 23 basis points, since the Paris Agreement.
August 16, 2021
