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Sector: Regulatory & Government

Intesa Sanpaolo SPA Granted Australian Foreign ADI Licence

(29 December 2020 – Australia) The Australian Prudential Regulation Authority (APRA) has approved Italian lender Intesa Sanpaolo SPA for a...

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APRA Kick Starts Lending Growth through Competition

(14 December 2020 – Australia) The Australian Prudential Regulatory Authority (ARRA) is seeking to spark greater inter-bank competition, streamline SME...

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China Construction Bank Wins Qualifying Full Bank License in Singapore

(14 December 2020 – Singapore) Monetary Authority of Singapore (MAS) has awarded a qualifying full bank (QFB) licence to China...

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Grab-Singtel, Sea Awarded Digital Full Bank Licences in Singapore

(10 December 2020 – Singapore) The Grab-Singtel consortium and Sea have been selected to receive the digital full bank licences...

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Australia Bucks COVID Recession on Extraordinary Sales Recovery - ABS

(04 December 2020 – Australia) Government stimulus and reopening markets super charged a recovery in sales across the Australian economy...

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TransferWise Wins Limited APRA PPF Bank Licence

(02 December 2020 – Australia) TransferWise has been extended a limited banking licence from the Australian Prudential Regulation Authority (APRA),...

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Hong Kong to Widen China’s Trading Link to Star Board, Biotech Stocks

(30 November 2020 – Hong Kong) Hong Kong will widen the scope of its trading link to Chinese bourses, giving...

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Capex Allowance Expanded to Institutional Enterprises

(24 November 2020 – Australia) Institutional enterprises will now also be eligible to access the Australian government’s ‘instant expensing’ capital...

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Japan To Open English-speaking Support Office To Lure Foreign Fund Managers

(16 November 2020 – Japan) Japan will open an English-speaking support office for foreign asset management firms seeking to do...

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7 in 10 SMEs in Singapore Confident of Repaying Loans in 2021: DBS

(12 November 2020 – Singapore) Seven in 10 small and medium-sized enterprises (SMEs) in Singapore’s most pandemic affected sectors are...

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