All posts tagged "World Bank"
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370ESG / SustainabilityICMA Issues KPI Registry for Sustainability-Linked Bonds
ICMA has also updated its guidance and introduced clarifications to support growth of the sustainable bond market.
June 30, 2022 -
293Asia-PacificLaos Increases Bank Reserve Requirement to Tackle Inflation
The central bank also adjusted its base interest rate and announced plans to issue a 6-month savings bond that will pay 20 percent annualised interest.
June 20, 2022 -
398Asia-PacificMyanmar Grants Exemptions to FX Conversion Rule Ban
Myanmar is granting granted an exemption to select companies involved in FDI approved by the Myanmar Investment Commission.
June 17, 2022 -
257Australia & NZRBA Raises Interest Rates the Most in 22 Years
Australian Treasurer Jim Chalmers suggested that inflation could worsen and more rate hikes could come.
June 9, 2022 -
496ESG / SustainabilityFive Banks Join HKMA-IFC Green Banking Initiative
BOCHK, Citi, Crédit Agricole CIB, HSBC and StanChart will work closely with IFC and HKMA to advocate client adaptation and promote green finance.
June 8, 2022 -
365AML / KYCFormer CSRC Official Sentenced to Death With Reprieve
A former CSRC official and Communist Party city chief was found to have taken $41mn in bribes between 2004 and 2020.
June 6, 2022 -
742Big PictureWorld Bank Paper Explores Barriers to Stablecoin, CBDC Adoption
Stablecoins and CBDCs may not offer advantages over innovations that are built on top of or aim to improve existing financial plumbing.
May 28, 2022 -
400Asia-PacificHuman Rights Abuses Prompt Review of Cambodian Microloans
Ombudsman agrees to review complaint from Cambodian NGOs alleging IFC funding contributed to human rights abuses in microfinance lending.
May 8, 2022 -
405AML / KYCKorean Police Arrest Woori Employee for Embezzlement
The theft occurred in three separate withdrawals between 2012 and 2018. It went undetected despite 11 inspections and audits at Woori during the period.
May 3, 2022 -
405Asia-PacificSri Lanka Expects to Secure IMF Loan Within Two Months
Sri Lanka is trying to restructure its loans from Chinese banks, offering golden visas to foreigners, and relaxing rules on securities margin financing.
April 29, 2022
