State media said the RRR cut reflects the Chinese government's "responsibility to the world" after it resisted following the US in raising interest rates.
March 20, 2023New FSC taskforce will work on measures to help FIs expand and invest overseas and address issues that prevent global firms from entering the Korean market.
March 16, 2023The ban is being proposed to protect investors from situations where service providers suffer financial problems or their services are discontinued.
March 15, 2023CDP's annual disclosure request this year is on behalf of 746 FIs across 40 countries. Firms are asked to disclose on plastics for the first time.
March 14, 2023US regulators are offering emergency funding to prevent a wider crisis after Silicon Valley Bank and Signature Bank were closed.
March 13, 2023Banks will be required to disclose their interest rates based on their balance of lending and deposits, which will show the profitability of each bank.
March 13, 2023The move is aimed at stopping companies from using multiple banks to obtain "excessive financing", and helping banks to strengthen credit management and risk controls.
March 9, 2023The restrictions are being preserved due to the sanctions that prohibit Russian financial institutions from buying western countries’ cash, the central bank said.
March 8, 2023Entities that are permitted to engage in short selling are eligible to borrow securities under a GSL transaction, which may be a tenor of up to 90 days.
February 21, 2023The FSB is seeking academic papers that examine the extent to which securitisation operates on a sound and sustainable basis and provides appropriate alignment of incentives.
February 20, 2023