The injunction is said to be the world's first court-ordered freeze on the potential sale and ownership transfer of an NFT.
May 23, 2022A property buyer and two estate agents understated the purchase price so the mortgage would be subject to a lower LTV cap.
April 28, 2022The SBV had asked banks to direct credit away from risky areas such as real estate and towards productive industries.
April 22, 2022Starting 11 May, the Google Play Store will introduce a new screening process for personal loan apps targeting users in the Philippines.
April 15, 2022ASIC has charged Helio Lending for falsely representing that it had a credit licence that allowed it to offer cryptocurrency-backed loans.
April 9, 2022The FSC has discovered a scheme to induce investors to apply for mortgages from banks and use the proceeds to speculate in the real estate market.
January 25, 2022ASIC says ANZ breached credit laws by accepting customer information and documents from unlicensed individuals, some of which was fraudulent.
November 27, 2021Among the measures, the FSC will monitor how banks are applying suitability and adequacy principles in their lending, and impose fines for violations.
October 29, 2021A syndicate with triad links allegedly use cold calls and posed as bank staff to lure victims into the illicit scheme promising government-guaranteed low-interest loans.
October 13, 2021The CBIRC had asked banks not to withhold loans from Huarong for at least six months, to help the company refinance its debt.
April 30, 2021