All posts tagged "Loans"
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49Big PictureIBOR Phase-out Plans on Track Despite Covid: Moody’s
But challenges remain, including limited liquidity in ARR markets, uncertainties on term rates and credit spread adjustments, and operational issues.
September 29, 2020 -
110FeatureKorea Considers Capping Margin Lending, Underwriting Fees
Interest rates on margin accounts vary between 4.5% and 9%; underwriting fees vary between 1% and 6% of the total value of the shares.
September 29, 2020 -
136EnforcementSingapore Police Lay Second Charge Against Hin Leong Founder
The second charge is for a forged email that was used alongside an inter-tank transfer certificate to secure more than $56mn in trade financing.
September 29, 2020 -
236TaiwanTaiwan FSC Issues New Rules on Domestic OBU Accounts
About 90,000 of Taiwan's 130,000 OBU accounts are owned by overseas firms that are actually Taiwanese companies.
September 28, 2020 -
589Asia-PacificBangladesh Bank Orders Banks to Cap Credit Card Interest
Banks are charging customers between 25 and 27 percent in interest on credit card debt, in violation of regulations, Bangladesh Bank said.
September 27, 2020 -
236Australia & NZAPRA Offers Guidance on Handling of Deferred Loans
Banks should immediately inform APRA and ASIC if they experience issues collecting on loans with repayment deferrals.
September 24, 2020 -
305Asia-PacificBSP Orders Mandatory 60-Day Moratorium on All Loans
Lenders are asked to implement a mandatory one-time 60-day grace period for all loans falling due on or before 31 December 2020.
September 23, 2020 -
331Asia-PacificBOT Sets Out New Rules for ‘Digital Personal Loans’
Under the regulations, alternative data including payment information relating to water, electricity and telephone bills can be used to support loan applications.
September 21, 2020 -
235Capital RegulationCBIRC Raises Leverage Limits for Microfinance Companies
Microfinance companies can issue standardised debts such as bonds and ABS products up to 4 times net assets, compared to 0.5 to 3 times net capital previously.
September 21, 2020 -
600KoreaKorea Enhances Emergency Loan Programme for Small Businesses
Banks are instructed to take measures to ensure that their IT systems are ready for processing changes in the second round emergency loan programme.
September 19, 2020
