All posts tagged "mortgage"
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149EnforcementHK ICAC Charges Property Agent With Mortgage Loan Fraud
The property agent Chiu Ka-wai applied for a mortgage loan with HSBC and falsely represented that the property was for self-occupancy.
November 1, 2021 -
146Asia-PacificBangladesh Issues Guidelines on Non-banking Asset Disposal
Banks are instructed to quickly register and then dispose of non-banking assets put up as collateral in the event of a borrower default.
September 25, 2021 -
264AML / KYCTaiwan FSC Fines Mega Bank $10mn for Fake Mortgages
Mega Bank failed to detect over 28 mortgages applications that were made by dummy accounts due to poor internal controls.
June 9, 2021 -
142ChinaCBIRC Warns Small Banks to Rein In Property Lending
The CBIRC will punish lenders that help borrowers to circumvent regulations prohibiting the use of business loans to buy real estate.
June 3, 2021 -
146Asia-Pacific
Bangladesh Approves Legislation Targeting Wilful Defaulters
The draft amendments formally define wilful defaulters and clarify the actions that can be taken against them, including restrictions on forming new companies.
May 22, 2021 -
147Capital RegulationTaiwan Central Bank Calls For Prudence in Mortgage Lending
While most Taiwanese lenders have been abiding by risk management rules, others have been less prudent, offering interest rates that are below market averages.
May 13, 2021 -
355TaiwanTaiwan Central Bank Tightens Controls on Property Lending
Taiwan central bank says the measures are aimed at curbing property hoarding and mitigating speculation by highly leveraged borrowers.
March 23, 2021 -
1.8KAustralia & NZAustralia Launches Open Banking Data Sharing Regime
The big four banks have opened up their deposit, transaction account, credit and debit card data for customers to share with other major banks or accredited fintech providers.
July 2, 2020 -
1.1KSingaporeMAS Unveils Additional Financial Industry Support for Individuals
This second package of measures is aimed at helping individuals ease their cashflow burden, reduce debt, and ensure access to basic banking services.
May 1, 2020 -
692Australia & NZANZ Adjusts Risk Weights on New Zealand Loan Portfolios
The changes follow the RBNZ's revocation of ANZ's right to model its operational risk capital requirements in May.
July 30, 2019
