All posts tagged "Loans"
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457Market InfrastructureMAS: Remittance Firms Forbidden from Making Loans
Remittance firms will be prohibited from issuing advances to individuals starting September this year, ahead of the Payment Services Act entering into force.
June 13, 2019 -
457Capital Regulation‘Loan Inconsistencies’ Prompt EY Resignation as Chinese Bank Auditor
The resignation of EY as the auditor of Bank of Jinzhou comes as questions are being raised about the health of China's small and mid-size lenders.
June 4, 2019 -
358Capital RegulationS. Korea Tightens Lending Standards in Non-Bank Sector
The FSC will extend the debt service ratio to include non-bank financial institutions in a bid to rein in household debt.
June 3, 2019 -
387InternationalISDA Proposes Further Definition Changes to Improve CDS Market
The new proposal will amend the definition of "Outstanding Principal Balance", which determines the principal amount of a bond or loan that must be delivered to physically settle a CDS contract.
May 29, 2019 -
389ChinaChina National Credit System to Include Foreign Data
Foreign workers in China will be required to submit their personal credit information, including from activities in other countries, to the national credit system in order to obtain loans.
April 29, 2019 -
517Capital RegulationRBI Asks Banks to Boost Monitoring of End Use of Loan Funds
Following a string of penalties against banks last month, the RBI has asked banks to improve their monitoring of the origin and end use of loan funds.
March 20, 2019 -
394Capital RegulationChina Banks Allowed Higher Bad Debt Ratios for ‘Inclusive’ Loans
Regulators will tolerate higher NPL ratios on bank lending to small and micro companies, in a bid to improve access to financing for China's ‘real economy’.
March 18, 2019 -
1.0KEnforcement
UPDATED – Multiple Indian Banks Penalised for Rule Violations
The latest penalties involve banks' non-compliance with RBI directions on the monitoring of borrowers' end use of loan funds, as well as failures related to KYC/AML compliance.
February 13, 2019 -
522Asia-PacificPhilippine Banks Required to Report on Deposit, Loan Rates
Bank interest rates on loans and deposits will be published to allow consumers to compare costs, and to enhance the BSP's monitoring and analysis.
February 8, 2019 -
528Capital Regulation
China Banks Wrote Off Bad Debt Worth $146bn in 2018
Write-offs are the quickest and most direct way to reduce NPL ratios and free up the supply of credit at commercial banks.
February 1, 2019
