Local trade repositories are necessary, say HKMA’s Lee
The benefits of local trade repositories outweigh the possible disadvantages of multiple reporting requirements, says executive director of HKMA’s financial infrastructure unit
RBI modifies definition of sickness for assessing viability of MSEs The Reserve Bank of India (RBI) has modified the definition of sickness and a procedure for assessing the viability of sick Micro and Small Enterprises (MSEs).
L&G plays down exposure to Sandy Insurer broadly unaffected by hurricane damage in the US, as it delivers 28% year-on-year APE growth in the first nine months of 2012.
FinnCap to become market maker next year Small-cap specialist to become full service broker, pending regulatory approval, after a stronger-than-expected performance in past six months.
SMFG increases Bank of East Asia stake Japanese bank increases exposure to China despite fraught relations by doubling its stake in Hong Kong lender from 4.5% to up to 9.9%. *financial news were updated 3 years ago
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