All posts tagged "Lending"
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218Capital RegulationCBIRC Green-lights Ant Group Consumer Finance Unit
Ant will hold a 50% stake in the new unit, which forms a key part of the restructuring that was ordered to resolve regulatory concerns.
June 4, 2021 -
298InternationalFSB, IOSCO Issue Statements in Support of Smooth LIBOR Transition
The FSB warns against waiting for the development of forward-looking term RFRs. IOSCO urges market participants to stop issuing new LIBOR products.
June 3, 2021 -
132ChinaCBIRC Warns Small Banks to Rein In Property Lending
The CBIRC will punish lenders that help borrowers to circumvent regulations prohibiting the use of business loans to buy real estate.
June 3, 2021 -
222Fintech / RegtechS. Korea: Internet Banks to Boost Low Credit Score Lending
Internet-only banks will expand lending to mid to low credit borrowers to at least 30 percent of total lending by end-2023.
May 30, 2021 -
136Market InfrastructureBiden Directs US Federal Agencies to Take Action on Climate
Under an executive order, a comprehensive government-wide strategy on climate-related financial risk shall be developed within 120 days.
May 25, 2021 -
456InternationalCOP Presidency Calls for Ambitious Climate Commitments
Private financial institutions are encouraged to join a net zero alliance, publish transition plans, phase out of coal, and commit to nature-positive finance.
May 17, 2021 -
134Capital RegulationTaiwan Central Bank Calls For Prudence in Mortgage Lending
While most Taiwanese lenders have been abiding by risk management rules, others have been less prudent, offering interest rates that are below market averages.
May 13, 2021 -
161KoreaKorea Offers Additional Support to SMEs, Low-Rated Corporates
The FSC has announced additional support for SMEs, low-rated companies, and corporate bond and CP issuers.
May 11, 2021 -
166Capital RegulationS. Korea to Curb Household Debt Through DSR Rule Changes
Regulators will apply the debt service ratio at the individual borrower level rather than at the financial institution level.
May 11, 2021 -
271Australia & NZAustralian Banks Face Backlash for Refusal to Finance Coal, Mining
Small business ombudsman Bruce Billson is seeking powers to compel banks to "show cause” for decisions to refuse services to companies.
May 7, 2021
