All posts tagged "non-banks"
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314Market InfrastructureThai Regulators to Cooperate on Personal Data Protection
Thailand'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, 2022 -
479Big PictureDTCC Calls for Greater Scrutiny of Interconnectedness Risks
Interconnectedness, while providing benefits, poses certain risks that need to be recognised and analysed to guard against system-wide vulnerabilities, DTCC says.
May 6, 2022 -
1.0KCrypto / Digital AssetsBOT Sets Out Plans for ‘New Financial Landscape’
The BOT will introduce virtual bank licences, relax fintech investment limits for banks, promote open data, and establish TCFD aligned disclosure standards.
February 7, 2022 -
717AML / KYCBSP Identifies Other Banks, Non-banks Involved in BDO Hack
A 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, 2021 -
634MalaysiaMalaysia to Enact New Consumer Credit Act in 2022 – Reports
The Consumer Credit Act will provide a regulatory framework for the issuance of consumer credit and strengthen oversight of non-bank credit providers.
November 18, 2021 -
506Capital / LiquidityJBA Calls for Global Cryptoasset Regulations for Non-banks
A global regulatory framework for cryptoassets that only includes banks would exacerbate rather than contain financial stability risks.
September 15, 2021 -
1.3KChinaChina CIPS Expands to Include Corporate Participants
The first batch of non-banks have joined CIPS. Officials say the network covers nearly 200 countries and over 3400 banks.
May 26, 2021 -
3.6KAustralia & NZNew Zealand to Introduce Deposit Guarantee Scheme by 2023
The 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, 2021 -
782Capital / LiquidityFSB Defers Haircut Standards for Securities Financing Transactions
The 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 -
750Asia-Pacific
BOT Launches Phase Two of ‘Debt Clinic’ Scheme
The second phase of the programme is aimed at helping troubled borrowers who owe credit card and personal loan debt to both bank and non-bank lenders.
May 9, 2019
