The India Banks Association wants to create a lenders’ consortium to monitor their own debt and ensure borrowers are adhering to pre-agreed rules and patterns.
The bank signs a memorandum of understanding with General Electric and the Trade Bank of Iraq, a sign counterparties are ready to help companies finance Iraqi projects.
Non-US whistleblowers are often key to enforcement for US regulators, but some multinationals fail to understand that state-side regulators accept information from anywhere in the world.
*Singapore and Korea team up on fintech
*CFTC proposal offers comfort to non-US entities
*Philippine SEC to regulate shadow banking lending rates
*FASB updates rules on intra-entity asset transfer
