All posts tagged "Stanchart"
-
495Capital / LiquidityBOE Asks Major Banks to Improve Resolution Plans
The BOE said it found shortcomings in resolution plans prepared by HSBC, Lloyds Banking Group and Standard Chartered.
June 17, 2022 -
683ChinaStanChart HK Becomes Direct Participant of China’s CIPS
Standard Chartered Hong Kong is the first foreign bank qualified as a direct participant of China’s Cross-border Interbank Payment System in the offshore market.
February 16, 2022 -
822Enforcement
UK Regulator Fines StanChart Over Liquidity Reporting Errors
The PRA said StanChart's internal controls and governance arrangements underpinning its regulatory reporting were not implemented or operating effectively.
December 24, 2021 -
464Asia-PacificVietnam Banks Rush to Raise Capital for Basel Requirements – Report
The SBV has approved proposals for several state-owned and private banks to increase their charter capital.
November 19, 2021 -
374Crypto / Digital AssetsIndian Banks to Develop Blockchain System for LCs
The initiative will eliminate paperwork, reduce transaction processing time and offer a secure environment for processing LCs.
June 22, 2021 -
688Market Infrastructure
StanChart Permitted to Establish Digital Bank in Singapore
StanChart was named Singapore's first Significantly Rooted Foreign Bank in August. New privileges allow it to secure an additional full bank licence to establish a digital banking subsidiary.
December 15, 2020 -
1.2KAML / KYCUS Law Firms Look to Capitalise from FinCEN Files
US law firms are inviting investors to participate in class actions if they lost money in HSBC and StanChart stock following the release of the FinCEN Files.
September 30, 2020 -
1.1KEnforcementMAS Issues Prohibition Orders Against Two Former Bank Employees
A former Barclays was deceived the bank into paying $10mn from client accounts to settle his personal debts. A further $10mn in Barclays losses came from unauthorised trading.
May 9, 2020 -
908ChinaChina to Introduce New Rules for Online-only Banks – Report
The framework will enable foreign banks in China to set up separate digital banking platforms, while also covering existing online-only banks WeBank, MYbank and AiBank.
January 15, 2020 -
1.7KFintech / RegtechSouth Korea to Formally Launch Open Banking System This Month
October’s 10-bank pilot attracted over 5.5 million bank accounts with the open banking service now expanded to include eight additional banks and fintech firms.
December 2, 2019
