All posts tagged "NBFIs"
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554AML / KYCFugitive Former Banker from Bangladesh Arrested in India
PK Halder has been on the run since 2019 after allegedly defrauding multiple NBFIs in Bangladesh of more than $280,000.
May 23, 2022 -
404AML / KYCBangladesh Bank Opens RTGS to NBFI Participation
Bangladesh Bank has also recently removed pre-set limits on online money transfers between customers' bank accounts.
May 11, 2022 -
321Asia-Pacific
Bangladesh Bank Issues Revised CSR Reporting Form
The new reporting form introduces a requirement to disclose whether banks and NBFIs are using external agencies, foundations or other third parties to conduct their CSR activities.
April 14, 2022 -
581FeatureBSP Requires Banks to Implement Real Time Fraud Monitoring
Under new relations, Philippine banks and NBFIs are required to implement automated and real-time fraud monitoring and detection systems by end-December.
March 31, 2022 -
799Asia-Pacific
Bangladesh Bank Issues New CSR Guideline for Banks
Banks and FIs should spend at 20 percent of their CSR funds on the environment and climate change mitigation and adaptation, up from 10 percent previously.
January 21, 2022 -
296Capital / LiquidityBOJ Warns of Higher Credit Costs, Market Risks
In its financial system report, the BOJ said the delayed economic recovery is raising credit risks, particularly in the highly-leveraged real estate sector.
October 28, 2021 -
304Asia-PacificPhilippine Lawmaker Introduces Bill to Tackle Rising Cybercrime
The bill requires banks and non-bank FIs to "exhaust all means to ensure that victims are able to recover their monetary loss, if any".
September 17, 2021 -
301Asia-Pacific
Bangladesh Bank to Enhance Monitoring of NBFI Lending
The new reporting policy will enable the central bank to monitor NBFI lending more closely and ensure provisions are being adequately maintained.
August 5, 2021 -
181Asia-PacificBSP Sets Out Approval Procedures for Bad Loan Disposal
The BSP has set out the procedure for lenders to apply for approval to dispose of NPAs under the provisions of the FIST Act.
June 3, 2021 -
312ChinaCBIRC Finalises Rules on the Sale of Wealth Management Products
The rules take effect from 27 June, with a new six-month transition period before full compliance is required.
May 31, 2021
