The Government of New Zealand has passed a law that requires financial institutions to disclose and subsequently act on climate-related risks and opportunities. The island nation is said to be…
China has released a list of domestic lenders, which will be required to follow tighter…
The European Commission is reportedly planning put new rules in place to tighten its grip on branches of foreign lenders.…
China is reportedly scrutinising the country’s top financial regulators, state-owned lenders, insurance firms and asset managers to root out corruption.…
Monetary Authority of Singapore (MAS), the central bank of Singapore, has revealed that the exposure of the country’s banking sector…
MAS, the central bank of Singapore, has unveiled plans to launch a digital platform to enable sharing of information between…
The Hong Kong Monetary Authority (HKMA) has reportedly sought reports from banks on their exposure to troubled China Evergrande Group. According to a Bloomberg report, the central banking institution asked…
The central bank of China has declared that all crypto transactions and services are illegal, widening its ban on virtual currencies. Authorities in the country will avert and handle the…
Japan’s Sumitomo Mitsui Financial Group (SMFG) has secured a key approval for its previously announced acquisition of Fullerton India Credit Company. The deal was green lighted by the Competition Commission…
Chinese central bank has reportedly pumped $18.6bn (CNY120bn) into the banking system to address concerns raised by the Evergrande crisis. The People’s Bank of China (PBoC) is providing the funds…
India’s Union Cabinet has given the go-ahead to government guarantee of $4.1bn (INR306bn) to back security receipts to be issued by the ‘bad bank’. This guarantee is valid for a…
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