03/03/2025
The credit assessment includes conducting income checks and credit checks against the BNPL credit bureau, which includes information on BNPL users’ outstanding balances, missed payments and delinquencies amongst accredited firms.
03/03/2025
The proposal will be released in the second quarter of 2025, inviting feedback from industry and broader stakeholder groups.
03/03/2025
The Allianz website advertised the maximum travel insurance benefits payable to consumers but sometimes failed to state that sub-limits, terms, conditions or exclusions would limit those benefits.
02/28/2025
Over the years, the Hong Kong office has grown from a team of three to its current full complement of 136.
02/27/2025
Ms Hanson and Mr Lawrence have a right to apply to the Administrative Review Tribunal for a review of ASIC’s decision.
02/25/2025
In the case of the Philippines, FATF “welcomes the Philippines’ significant progress in improving its AML/CFT regime.
02/24/2025
Under the roadmap, new frameworks for regulating VA over-the-counter and VA custodian services will be developed, while VA product and service offerings will be expanded.
02/20/2025
This was done as Pang had significant debts to licensed moneylenders after suffering online gambling losses.
02/20/2025
APRA has no specific rules or guidance in relation to HELP repayments beyond asking banks to include HELP debts when reporting data on debt-to-income ratios.
02/20/2025
Mr Grimm also failed to advise his client that ASIC had sought the winding up of entities related to him
02/19/2025
February’s rate decision has been the most anticipated in over a year.
02/14/2025
The entity will also collaborate with MAS on the development of Singapore’s national payments strategy, ensuring a safe, efficient and innovative payments infrastructure.
02/14/2025
These include proposals to introduce tax incentives to spur more listings and investments in Singapore’s equities market
02/14/2025
Selling stocks without borrowing them first or determining they can be borrowed – also known as naked short selling – is banned by South Korea’s Capital Markets Act.
02/13/2025
Mr Meilak exhibited conduct that was systemic, displayed a lack of care and a level of incompetence in providing the advice to his clients.
02/11/2025
DSP refers to an individual or juridical, resident or non-resident supplier of digital services to a buyer who uses the digital services in the Philippines.
02/10/2025
HKMA to unveil RMB Trade Financing Liquidity Facility on February 28
02/07/2025
Scams have become a serious issue in Singapore.
02/05/2025
Many members supported the idea of raising the bank's policy rate, with one opinion calling for a hike to 0.5%.
02/05/2025
KB and NH Nonghyup were found to have been involved in inappropriate loans totaling 89.2 billion won and 64.9 billion won, respectively.