The platform will enable debtors to check their own credit records and held lenders decide whether to grant credit to customers.
November 10, 2022Thailand's banking, securities, insurance and data protection authorities have signed a supervisory cooperation MoU ahead of the 1 June implementation of the new PDPA.
May 9, 2022Interconnectedness, while providing benefits, poses certain risks that need to be recognised and analysed to guard against system-wide vulnerabilities, DTCC says.
May 6, 2022The BOT will introduce virtual bank licences, relax fintech investment limits for banks, promote open data, and establish TCFD aligned disclosure standards.
February 7, 2022A BSP task force will submit recommendations to the Monetary Board by mid-January 2022, which may include sanctions and penalties for the involved banks.
December 23, 2021The Consumer Credit Act will provide a regulatory framework for the issuance of consumer credit and strengthen oversight of non-bank credit providers.
November 18, 2021A global regulatory framework for cryptoassets that only includes banks would exacerbate rather than contain financial stability risks.
September 15, 2021The first batch of non-banks have joined CIPS. Officials say the network covers nearly 200 countries and over 3400 banks.
May 26, 2021The NZBA's Roger Beaumont says banks should pay lower levies compared to non-bank deposit takers because they are less likely to call on the scheme.
April 23, 2021The extensions will help to ease operational burdens on banks, broker-dealers and regulators, allowing them to focus on Covid-19 related priorities.
September 8, 2020