All posts tagged "Loans"
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12Australia & NZAPRA Postpones Implementation of Updated ARS 720.1
Delaying the commencement will provide ADIs with more time to make transition to the updated standard, APRA said.
October 21, 2021 -
81KoreaKorea Eases Loan Restrictions to Accommodate Home Rentals
New household loans issued to pay for jeonse deposits in Q4 2021 will not count toward the government’s 6 percent loan growth target for the year.
October 18, 2021 -
100ChinaCBIRC Tightens Rules for Major Shareholders of Banks, Insurers
The rules prohibit major shareholders from concealing their equity relationships, interfering with operations, and engaging in connected transactions.
October 18, 2021 -
94MalaysiaMalaysia Announces Relief for Low Income Borrowers
Lower income borrowers can access interest exemptions for three months, smaller loan instalments for up to 24 months, and lower interest rates.
October 15, 2021 -
95China
CBIRC Fines Privately Owned Banks Over Poor Risk Controls
The fine against Chongqing Fumin Bank was the largest ever against a privately owned bank. Two others were also penalised.
October 15, 2021 -
124Asia-PacificVietnam: SBV Seeks New Law on Bad Debt Resolution
The law is needed to replace 'Resolution 42', which enabled the transparent sale of bad debts and collateral, but is due to expire next year.
October 12, 2021 -
130IndiaUPDATED – RBI to Initiate Insolvency Proceedings at Two NBFCs
Srei Infrastructure Finance and Srei Equipment Finance owe about INR 180 billion in loans to about 15 banks and INR 100 billion in external borrowings and bonds.
October 7, 2021 -
181Big PictureIAIS Warns of Climate Risks Faced by Insurance Sector
The IAIS estimates more than 35 percent of insurers’ investment assets are “climate-relevant”, i.e. exposed to climate risks.
October 6, 2021 -
141China
CBIRC Directs Banks to Finance Coal Amid Energy Crisis
China's energy crisis is the result of efforts to reduce domestic coal production to meet climate policy objectives, exacerbated by a ban on imports from Australia.
October 6, 2021 -
194FeatureBOJ Issues Consultation on Use of Synthetic JPY LIBOR
Input is sought on the special circumstances in loan and bond contracts that would make transition difficult and the specific details of such circumstances.
October 5, 2021
