other challenges remain. They include fast-changing technology, wherein non-bank players are joining the fray and playing an increasing role in the market as alternative service providers for consumers
effect May 14, 2018, contain salient points as follows. 1. Definition of digital assets: Digital assets shall include cryptocurrencies (an electronic data unit created for the purpose of being a medium of
been granted to commission overseas appraisers to conduct collateral appraisal abroad, whereas the scope of appraisal standards has been expanded to include money market transactions. 5 Rules and
Risk Management Division, Assets and Liabilities Management Sub-committee and Risk Management Committee. We are also watchful for any potential impact on our deposits and liquidity, both short and long
publication. The guidelines are intended to align banking supervision with Basel standards and strengthen stability of the financial system. Major points include that commercial banks which are of large size
system, to the Ministry of Finance for consideration before forwarding to the Cabinet. The conditions of failing financial institutions include liquidity crisis, deteriorating financial position, and
supervision of personal loan business to include car title loan, to allow grassroots-level consumers improved access to loan at a reasonable cost and ensure fair conditions for them. Revise criteria to allow
emphasize predictive risk controls via the supervision of the Risk Oversight Committee, Assets and Liabilities Management Sub-committee and Enterprise Risk Management Division. In addition, we are watchful
also watchful for any potential impacts on our deposits and liquidity, both short-term and long-term, to ensure that we continue to adopt proper fund-raising strategies. 7 3. Business Directions and
submit the financial statements for Q3/2017 within the specified period. The amount of fines does not include daily fines starting from the day following the settlement date to the day the company properly