US EditionEased Rules on Investment Banks to Take Effect in August for More Active Role in Corporate Financing
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Bank of England Eases Capital Requirements for Midsize Banks
Eased rules on investment banks to take effect in August for more active role in corporate financing
The financial regulator said Tuesday that revamped rules on investment banks (IBs) will take effect in late August, encouraging them to increase investments in smaller firms and risky but profitable assets. According to the Financial Services Commission (FSC), IBs will be able to be actively involved in corporate restructuring and increase their exposure to smaller firms under eased regulations on credit line ceilings. The FSC said IBs with a ca…
In recent years, the proportion of online account opening and electronic transactions has been increasing. The Financial Supervisory Commission announced on the 15th that in order to reduce the operating costs of securities firms, it will allow securities firms to set up "simple branches" and transform and downsize existing branches, but they are not allowed to engage in brokerage business. It is expected to be announced as early as this week. A…
Bank of England to ease rules for smaller and mid-sized banks - Jersey Evening Post
The Bank of England has said it will implement rules which will make it easier for mid-sized banks to compete in the mortgage market and simplify restrictions for smaller finance firms. It came as the central bank said it will push ahead with the majority of new capital rules for British banks at the start […]
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