All posts tagged "Standard Chartered"
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767Hong KongStandard Chartered-backed Virtual Bank to Launch Later This Year
Standard Chartered, PCCW, HKT and Trip.com will launch 'Mox Bank' later this year, introducing an all-in-one numberless bank card.
March 9, 2020 -
853Hong KongHKMA Urges ‘Sympathetic Stance’ for Borrowers Affected by Coronavirus
The HKMA is encouraging banks to adopt a sympathetic stance to customers facing coronavirus-related difficulties and to consider offering relief on debt repayment and fees.
February 7, 2020 -
1.1KAML / KYCSanctions Screening Short Cuts Not Worth the Risk: Refinitiv
Increasingly aggressive US sanctions policies highlight the need for financial institutions to adopt and implement a sophisticated risk-based approach to compliance.
January 29, 2020 -
486Capital Regulation
HKMA D-SIBs List Unchanged, HLA Requirement Adjusted for Two Banks
Compared with the December 2018 list, the HLA requirement has increased for Standard Chartered and decreased for Hang Seng Bank.
December 28, 2019 -
491Capital RegulationHKMA Rebuts BOE Claim of Hong Kong Fund Outflows
The BOE said in its biannual Financial Stability Report that $5bn has left Hong Kong since April, but the HKMA says the figure does not represent outflows from the city's banking system.
December 19, 2019 -
1.3KCapital RegulationChina to Double Number of Firms Allowed to Securitise NPLs
Standard Chartered and the four large national bad debt managers are among the firms allowed to sell NPL-backed securities as China looks to expand its 2016 plan to clean up bank balance sheets.
December 3, 2019 -
355InternationalEP Association Adopts 4th Iteration of ‘Equator Principles’
DBS becomes the newest of 101 financial institutions to adopt the ‘Equator Principles’, a globally recognised framework for determining, assessing and managing environment and social risk in project finance.
November 21, 2019 -
429EnforcementChina Forestry Liquidators File Lawsuit Against Pre-IPO Auditor
The plaintiffs allege that KPMG “negligently failed to identify that they were the victims of a serious and pervasive false accounting by former members of executive management.”
November 5, 2019 -
551Capital Regulation
HKMA, Hong Kong Banks Pledge Leniency for SME Borrowers
Nine major Hong Kong banks have pledged to help SME customers that encounter financial difficulties by adopting accommodative lending policies.
October 18, 2019 -
432Asia-PacificThailand, Clearstream Go Live with Cross-Border Funds Link
The new link allows international investors to access Thailand’s funds market, and Thai investors to access more than 190,000 funds on Clearstream’s platform.
September 24, 2019
