All posts tagged "Underwriting"
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246EnforcementTaiwan FSC Fines Cathay Life for Lax Sales Controls
Cathay Life failed to improve its internal controls for sales agents and its insurance underwriting mechanism despite complaints from 14 customers.
February 20, 2020 -
215Asia-PacificBSP Bars Bank Affiliates from Holding Bank-Issued Debt
The prohibition is aimed at preventing related parties from obtaining undue advantage when transacting in debt instruments issued by affiliated banks.
February 13, 2020 -
411Big PictureCoronavirus Spells More Trouble For Hong Kong Banks: S&P
S&P Global Ratings says the new coronavirus outbreak will add to the challenges Hong Kong banks already face amid social unrest, US-China trade tensions, and China's economic slowdown.
February 3, 2020 -
330ChinaChina Directs Local Gov’ts to Allow Bond Underwriting by Foreign Banks
Local governments have been told to revise their procedures and remove restrictions to allow foreign-invested banks to participate in bond underwriting syndicates.
January 7, 2020 -
284ChinaJP Morgan Secures Business Licence for China Joint Venture
The CSRC gave JP Morgan approval to set up majority-owned securities joint venture in China since March, but it has not been granted a licence to operate until now.
December 19, 2019 -
236Asia-PacificBSP Relaxes Requirements on Issuance of Debt Instruments
Related companies of issuing banks are allowed to underwrite or arrange LTNCTDs, bonds and commercial papers, subject to certain conditions.
December 3, 2019 -
1.5KCapital RegulationChina Further Opens Banking, Insurance Sectors to Foreign FIs
Effective immediately, foreign financial institutions can establish wholly-owned banks in China, which can be operated alongside foreign bank branches and Sino-foreign joint venture banks.
October 17, 2019 -
373IndiaRBI Panel Offers Path to Develop Home Loan Securitisation Market
A new intermediary should be created to standardise the underlying mortgage loans, underwriting guidelines and loan servicing standards, the panel says.
September 10, 2019 -
482ChinaChina Awards Deutsche, BNP ‘Class A’ Underwriting Licences
The licences mark the first approvals allowing foreign banks to act as lead underwriter for domestically issued bonds, for both local and foreign companies.
September 4, 2019 -
551ChinaChina to Allow Foreign Banks to Underwrite Interbank Market Bonds
Foreign banks are currently limited to underwriting business involving offshore non-financial issuers. ‘Class A’ licences will allow them to underwrite bonds in the interbank market.
August 29, 2019
