The programme targets the creation of $15bn in new loans for “much-needed” climate projects in the APAC region.
May 4, 2023The Australian Taxation Office is seeking to identify individuals who are failing to meet their tax obligations on residential investment properties.
April 14, 2023The RBI said penal charges on loans are intended to "inculcate a sense of credit discipline among borrowers" and as a "revenue enhancement tool".
April 13, 2023Regulators proposed to raise the loan loss reserve requirement for lending to real estate and construction firms to boost loss-absorbing capacity.
April 5, 2023The FDIC and First Citizens Bank & Trust Co will share the losses and potential recoveries on commercial loans made by SVB.
March 27, 2023JBATA has finalised the fallback provisions for cash products referencing JPY TIBOR or Euroyen TIBOR. The changes will take effect on 1 April.
March 22, 2023Users can send USDC using USD funds in their Xapo Bank accounts, with no fees incurred. Any USDC received is instantly converted to dollars.
March 21, 2023The PBOC fined China Bohai Bank for committing 12 regulatory violations. The bank was fined twice last month for different violations.
March 17, 2023Steering Committee proposes to have a period of active transition until 30 April 2024, before banks initiate an industry-wide automatic conversion process around June 2024.
March 16, 2023Regulators are considering allowing shareholders to vote on executive compensation, introducing clawback provisions, and granting new bank approvals, among other measures.
March 6, 2023