All posts tagged "MOF"
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340Capital / LiquidityCBIRC Issues Rules to Standardise ECL Processes at Banks
The rules will address differences in how banks have implemented the ECL method, and prevent its use as a "tool" to adjust profits.
May 23, 2022 -
252ChinaChina to Centralise Efforts to Resolve Overdue Payments to SMEs
The campaign aims to resolve arrear payments due to SMEs for projects, goods and services purchased by government agencies, state-owned institutions and large enterprises.
May 23, 2022 -
324ChinaChina Issues New Guidelines on Accounting Firm Inspections
Inspections will assess whether accounting firms have adequate information security and systems for screening audit work papers for "secrets".
May 18, 2022 -
615ChinaChina Plans to Adopt ISSB Sustainability Reporting Standards
The CSRC is currently asking A-share companies to disclose their ESG information on a voluntary basis, but in time they will be required to adopt international standards.
April 27, 2022 -
355Capital / LiquidityThailand Asks State Banks to Help Debtors with NPLs
Five state banks are asked to grant defer repayments and grant new loans to debtors who are already past due on old debt.
April 21, 2022 -
295Capital / LiquidityPBOC Cuts RRR for Banks as Economic Uncertainty Looms
The cut will free up an estimated CNY 530 billion in banking system liquidity to support the economy and keep financing costs stable.
April 18, 2022 -
416China
PBOC Unveils Draft Law to Establish Financial Stability Fund
The law will support the establishment of a guarantee fund for financial stability, while also strengthening accountability for regulatory violations and improving protections for market entities.
April 11, 2022 -
359Asia-PacificIndonesia Designates IndONIA as Overnight Rupiah Benchmark
Regulators are calling on market participants to increase the use of IndONIA as an interest rate benchmark in rupiah financial products and instruments.
April 4, 2022 -
383Asia-PacificVietnam to Develop Legal Framework for Virtual Assets
Vietnam's prime minister has asked government ministries and the central bank to develop a legal and regulatory framework for virtual assets and electronic money.
March 31, 2022 -
360AML / KYCJapan to Tighten Russia Sanctions, G7 Rejects Ruble Option
Japan to impose new requirements on crypto exchanges. G7 rejects Russian demand for gas payments in rubles. US to help EU reduce dependence on Russian energy.
March 30, 2022
