Articles for Financial Institutions

Dozens of laws and rule changes take effect in the Netherlands on 1 January 2025
3 days, 17 hours ago

Dozens of laws and rule changes take effect in the Netherlands on 1 January 2025

NL Times  

At the start of every year, the Dutch government implements a series of legal changes, regulatory adjustments, and adapted rules. Anyone earning over 75,518 euros per year pays the high rate of 49.5 percent, while anyone earning less pays 36.97 percent. In between there will be a middle bracket for people earning between 38,089 and 75,518 euros per year, with …

Dutch Students Netherlands Tax Social Housing Information Financial Institutions
Consumer Financial Protection Bureau: the watchdog Republicans love to hate
1 week, 5 days ago

Consumer Financial Protection Bureau: the watchdog Republicans love to hate

Salon  

Elon Musk recently posted that he’d like to “delete” the Consumer Financial Protection Bureau. More than 50 million online users have accessed answers to common personal finance questions on the agency’s Ask CFPB database, like “How will shopping for an auto loan affect my credit?” and “What should I do when a debt collector contacts me?” In one of the …

Law Consumer Financial Constitution Protection Trump Financial Institutions
Navigating Intersection Of Anti-Money Laundering And Recovery Laws: The Imperative For Collaboration And Cooperation
2 weeks ago

Navigating Intersection Of Anti-Money Laundering And Recovery Laws: The Imperative For Collaboration And Cooperation

Live Law  

The legislative efforts to combat money laundering activities in the country and the legislative measures to deal with the recovery of nonperforming assets in the Banking sector without the intervention of courts of law coincided in the same year with the passage of two special Acts in the year 2002. An Act to regulate securitisation and reconstruction of financial assets …

Properties Recovery Money Laundering Money Enforcement Financial Institutions Bank
China still has further room for RRR, interest rate cuts
2 weeks ago

China still has further room for RRR, interest rate cuts

China Daily  

By Sheng Songcheng | China Daily | Updated: 2024-12-09 10:35 The People's Bank of China, the country's central bank, proposed in its third quarter monetary policy implementation report that a reasonable pickup in prices should be taken as a key consideration in monetary policymaking to keep prices at a reasonable level. And with the central bank maintaining its stance on …

China Financial Monetary Policy Local Financial Institutions Interest Rate
G2 Risk Solutions’ RegCom Summit 2024 Sets New Benchmark in Risk and Compliance Innovation
2 weeks, 3 days ago

G2 Risk Solutions’ RegCom Summit 2024 Sets New Benchmark in Risk and Compliance Innovation

Live Mint  

SMPL Mumbai, December 6: G2 Risk Solutions hosted the RegCom Summit 2024, a premier event for leaders in regulatory compliance and risk management, committing to pioneering solutions and forward-thinking approaches. The all-in-one platform streamlines the entire regulatory compliance lifecycle, offering financial institutions a centralized view of compliance, automated processes, proactive risk management, and audit readiness. Former RBI Assistant General Manager …

Compliance Regulatory Financial Institutions Regulatory Compliance Risk Management Risk Solutions
Affordable housing shortage to touch 312 lakh units by 2030: CII-Knight Frank report
2 weeks, 5 days ago

Affordable housing shortage to touch 312 lakh units by 2030: CII-Knight Frank report

Hindustan Times  

Affordable housing in India is expected to touch 312 lakh units by 2030 with a potential market size of ₹67 trillion, a report by Confederation of Indian Industry and Knight Frank has said, adding the segment could also provide several opportunities for financial institutions. Affordable housing in India is expected to touch 312 lakh units by 2030 with a potential …

India Housing Cities Financial Institutions Report Knight Frank Lakh
Commercial banks agree to new deposit rates starting Dec 1
3 weeks, 2 days ago

Commercial banks agree to new deposit rates starting Dec 1

China Daily  

Chinese commercial banks have agreed, under a self-disciplinary mechanism, to make the deposit rates offered to corporate clients and nonbanking financial institutions more responsive to changes in policy interest rate benchmarks. On Friday, China's interest rate self-disciplinary mechanism, where banks collectively agree to set deposit rates within certain guidelines, released two self-discipline initiatives to further align deposit rates with policy …

China Financial Financial Institutions Interest Policy Rate Rates Banks
Real estate developers, financial institutions positive on the growth of the sector
3 weeks, 3 days ago

Real estate developers, financial institutions positive on the growth of the sector

Hindustan Times  

Real estate developers, banks, financial institutions and private equity funds remain positive on the sector's long-term growth prospects. While developers are adapting to shifting market dynamics and leveraging ongoing sales momentum, the non-developer segment exudes confidence in well-structured real estate projects, according to a sentiment index by Knight Frank and Naredco. Meanwhile, the Non-Developer Future Sentiment Score maintains status quo …

India Growth Market Positive Office Financial Institutions Confidence
Muslim charities face discrimination as Palestinians are desperate for aid
3 weeks, 3 days ago

Muslim charities face discrimination as Palestinians are desperate for aid

Al Jazeera  

The practice of ‘de-risking’ by financial institutions has had a disproportionate impact on Muslim and immigrant-owned businesses, and they are being cut off from access to essential banking services. “We used to joke when we started our company that we had 99 problems and payments wasn’t one of them, and that quickly changed,” says Amany Killawi, co-founder of LaunchGood, a …

Financial Financial Institutions Muslims Gaza Israel Help Muslim
Understanding the US charges on Adani
1 month ago

Understanding the US charges on Adani

Hindustan Times  

The US Department of Justice has indicted Gautam Adani, the founder of Adani Group, his nephew Sagar Adani, and other senior Adani Green executives for allegedly bribing or offering bribes to the tune of $265 million to Indian state government officials to get them to sign solar power contracts, while raising money for the same projects in the US by …

Tamil Nadu Odisha Congress Trump Indian Financial Institutions Power
Decoding Gautam Adani indictment
1 month ago

Decoding Gautam Adani indictment

Hindustan Times  

Washington: The US Department of Justice has indicted Gautam Adani, the founder of Adani Group, his nephew Sagar Adani, and other senior Adani Green executives for allegedly bribing or offering bribes to the tune of $265 million to Indian state government officials to get them to sign solar power contracts, while raising money for the same projects in the US …

Odisha Trump Indian Financial Institutions Power Solar Green
Booming financial sector drives Qingdao's industrial growth
1 month ago

Booming financial sector drives Qingdao's industrial growth

China Daily  

Laoshan district in Qingdao, Shandong, emerges as a major financial hub, centered around the city's Jinjialing Financial District. Laoshan district in Qingdao, Shandong, has blossomed as a major financial hub centered around the city's Jinjialing Financial District. With a technology venture capital matrix led by government funds and supported by private capital, Laoshan district continuously strengthens corporate investment. Regarding local …

Investment Financial Institutions Capital Fund Billion Yuan Qingdao
How Beijing took control of Hong Kong’s financial hub—and left the West behind
1 month, 1 week ago

How Beijing took control of Hong Kong’s financial hub—and left the West behind

Live Mint  

With the golden gongs behind her waiting to be rung, Bonnie Chan, head of Hong Kong’s stock exchange, launched into a speech this spring. Hong Kong is still vital for anyone in China who wants to issue or invest in stocks and bonds outside the mainland—they just don’t need Western bankers to be the gatekeepers, they say. Changing of the …

China English Financial Investment Hong Kong Wealth Management Investment Banking
China Eximbank backs BRI cooperation
1 month, 1 week ago

China Eximbank backs BRI cooperation

China Daily  

Pedestrians walk past an Belt and Road cooperation has progressed from "sketching the outline" to "filling in the details", delivering tangible and fruitful outcomes in the 11 years since the launch of the Belt and Road Initiative. To promote high-quality Belt and Road cooperation, the Export-Import Bank of China, as a financial institution dedicated to supporting China's foreign trade and …

Support China Development Financial Financial Institutions Cooperation Countries
PM Vidyalaxmi Scheme: Know about the scheme, eligibility criteria and more
1 month, 2 weeks ago

PM Vidyalaxmi Scheme: Know about the scheme, eligibility criteria and more

Hindustan Times  

Education is meant for all and financial burdens should not come in the way of students who aspire to study their choice of field. The scheme will be applicable to the top-quality higher educational institutions of the nation, as determined by the National Institutional Ranking Framework rankings. Understanding the importance and need of students to pursue higher education, the Union …

Education Higher Education Students Financial Institutions Financial Assistance Scheme Nirf
Financial regulators reiterate opening-up, enhancing contacts with market
1 month, 2 weeks ago

Financial regulators reiterate opening-up, enhancing contacts with market

China Daily  

Headquarters of the People's Bank of China, the central bank, is pictured in Beijing, China. China's financial regulators have reiterated their opening-up commitment and vowed to enhance communication with the market, highlighting Chinese policymakers' strengthened emphasis on consolidating capital market investor confidence amid elevated external uncertainties. The People's Bank of China, the country's central bank, held a meeting on the …

Market Bank Foreign Financial Foreign Financial Institutions
China Launches Swap Facility to Bolster Capital Market
2 months ago

China Launches Swap Facility to Bolster Capital Market

China Daily  

China's central bank has launched a swap facility to bolster the capital market. The facility will allow eligible securities, funds and insurance companies to use their assets as collateral in exchange for highly liquid assets. So far, 20 companies have been approved to participate in the swap facility.

Government Finance Financial Institutions Capital Market Beijing
Centre to nudge banks to fund renewable energy projects
3 months, 1 week ago

Centre to nudge banks to fund renewable energy projects

The Hindu  

To help meet India’s ₹30 trillion funding requirements for installing 500 GW of non-fossil fuel capacity by 2030, the Ministry of New and Renewable Energy is in talks with financial institutions, public and private sector banks, urging them to commit a portion of their loans to renewable energy projects. At the forthcoming Re-Invest summit, scheduled in Gandhinagar next week, all …

India Energy Renewable Energy Financial Institutions Banks Renewable Institutions Public
US ambassador to Mexico calls proposed judicial overhaul a democracy ‘risk’ and economic threat
4 months ago

US ambassador to Mexico calls proposed judicial overhaul a democracy ‘risk’ and economic threat

Associated Press  

MEXICO CITY — U.S. Ambassador Ken Salazar said Thursday a judicial overhaul proposed by Mexican President Andrés Manuel López Obrador poses a “risk” to Mexico’s democracy and “threatens the historic commercial relationship” between Mexico and the U.S. “Any judicial reform needs to have safeguards that the judicial branch is strengthened, and not the subject to political conditions.” He said the …

Judges Court Financial Institutions Judicial Mexico Mexican López Obrador
Financial regulator to enhance risk control
4 months ago

Financial regulator to enhance risk control

China Daily  

The National Financial Regulatory Administration will strengthen efforts to promote reforms and risk controls among small and medium-sized financial institutions, support stable development of the real estate sector and enhance financial regulation — among other tasks — to propel high-quality development of the financial sector, officials from the financial watchdog said at a news conference in Beijing on Wednesday. Xiao …

Financial Institutions Xiao Institutions Nfra Risk Control Enhance Risk Control Enhance Risk
Financial regulator to enhance risk control
4 months ago

Financial regulator to enhance risk control

China Daily  

Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing. The National Financial Regulatory Administration will strengthen efforts to promote reforms and risk controls among small and medium-sized financial institutions, support stable development of the real estate sector and enhance financial regulation — among other tasks — to propel high-quality development of the financial sector, …

Financial Institutions Risk Xiao Institutions Nfra Enhance Financial Regulator
Banking on reform to secure economic growth
4 months, 2 weeks ago

Banking on reform to secure economic growth

China Daily  

JIN DING/CHINA DAILY Reform and opening-up have been the driving force for China's rapid development. The resolution issued by the third plenum has outlined five key areas for financial system reform: improving the central bank system, fine-tuning the role of governance in financial institutions, enhancing capital market functions, strengthening the financial regulatory system, and promoting high-standard financial opening-up. Improving the …

Finance China Market Economic Growth Reform Regulatory Financial Institutions
Financial institutions upbeat on China economy
5 months ago

Financial institutions upbeat on China economy

China Daily  

A view of the booth of DBS during an expo in Shanghai last year. CHINA DAILY Overseas financial institutions have expressed their confidence in the prospects of China's economy, as the country's high-quality growth efforts are gradually paying off. Apart from industrial output and high-end manufacturing, investment and exports are The effects of large-scale equipment upgrades and trade-in of consumer …

China Financial Institutions
Supreme Court Biannual Digest 2022 - 2023 [Code Of Civil Procedure, 1908]
5 months, 2 weeks ago

Supreme Court Biannual Digest 2022 - 2023 [Code Of Civil Procedure, 1908]

Live Law  

The rules of procedure are essentially intended to subserve the cause of justice and are not for punishment of the parties in conduct of the proceedings. Ltd. v. Vinita Mehta, 2022 LiveLaw 564 : 7 SCC 678 Section 96, 105 and Order IX Rule 13 - The appellant, while challenging ex parte decree by filing an appeal, can always point …

India Delhi Supreme Court High Court Judgment Procedure Court