Starting next year, APRA will be asking boards to engage an external auditor to comprehensively review their compliance with CPS...
Month: November 2020
All 563 branches of Lakshmi Vilas Bank will function as branches of DBS Bank India from Friday, bringing security to...
Market participants who plan to trade or clear selected derivatives contracts during Hong Kong public holidays will be asked to...
Regulatory changes impacting some of the Chinese digital bank applicants are unlikely to have an impact on the granting of...
Foreign individuals and non-bank corporations are allowed to hold up to 40% of a digital bank’s voting shares, while foreign...
The FSC has proposed legislative amendments that would give it power over payment settlements in the fintech industry. The BOK...
ASIC’s Karen Chester says insolvencies and macro forces could present greater liquidity challenges to fund managers and affect investors’ ability...
In a progress report on global transition efforts, the FSB highlights slower progress in loan markets, which it says must...
Eligible collateral will include RMB, USD and EUR debt securities issued offshore by China’s central bank, Ministry of Finance or...
Participating FIs are required to join the international payments business service and receive inbound international payments via the NPP by...