The measures are part of efforts to support the economy, the property sector, and the Chinese yuan.
September 4, 2023Lenders will be required to set annual goals for lending to private enterprises; this lending will carry extra weight in banks' performance reviews.
September 1, 2023The FSB will assess the extent to which the securitisation reforms are achieving their intended objectives.
August 31, 2023The Consumer Data Right regime will apply to the non-bank lending sector in stages, starting from 1 November 2024.
August 31, 2023Financial hardship will be a key area of focus over the next year. ASIC will conduct a review of large home lenders to understand their approaches in this area.
August 31, 2023The RBI said penal charges in loan accounts should be used to promote credit discipline and not as a "revenue enhancement tool".
August 21, 2023The CBSL cut the SRR from four percent to two percent to free up liquidity and support an expansion of credit flows to the economy.
August 11, 2023Two separate consultations are being released, one on general responsible lending practices and the other on appropriate lending to small businesses.
August 3, 2023Fed governor Michelle Bowman said there is "insufficient evidence" that the benefits produced by the proposals would justify the costs.
July 28, 2023Michael Barr said the proposed changes would not be fully effective for "some years" because of the rulemaking process and the transition period provided.
July 11, 2023