All posts tagged "Loans"
-
580Asia-PacificPhilippine SEC Proposes New Requirements for Online Lending Platforms
The SEC proposes new disclosure and reporting requirements for operators of online lending platforms, in response to inquiries from the public about their registration and legitimacy.
August 8, 2019 -
1.2KFintech / RegtechHKMA Reports on Open API Implementation Progress
Phase I Open APIs provide information on banking products and services. Phase II will allow banks to process applications for such products and services by end-October.
August 1, 2019 -
542Capital / LiquidityRBI Eases Rules on Overseas Borrowing for NBFCs
NBFCs can use overseas borrowings to fund working capital, repay rupee loans, and on-lend to domestic customers. Banks can also sell distressed loans to eligible overseas lenders.
August 1, 2019 -
889Capital / LiquidityNational Auditor Finds Lending Violations at Chinese Banks
Lenders were found to be favouring borrowers with deposits at their banks, linking loans to the sale of other products, and illegally charging financing fees.
June 28, 2019 -
788Market 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 -
925Capital / Liquidity‘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 -
808Capital / LiquidityS. 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 -
895InternationalISDA 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 -
741ChinaChina 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 -
919Capital / LiquidityRBI 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
