China raises cross-border renminbi use requirement for major banks
The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global tradePublished Mon, May 26, 2025 ...
Tag: Requirement
China central bank governor says will cut banks’ reserve requirement ratio
Published Wed, May 7, 2025 · 09:42 AM — Updated Wed, May 7, 2025 · 09:52 AM China’s central bank ...
Philippine central bank cuts banks’ reserve requirement ratios from Oct 25
The reserve requirement ratios (RRR) for universal and commercial banks will be cut by 250 basis points to 7%The Philippine ...
China sees room to lower reserve requirement ratio, PBOC official says
The average RRR for financial institutions is around 7% at present, “so there is some room,” says officialChina still sees ...
Australian regulator increases capital add-on requirement for ANZ to A$750 million
AUSTRALIAN prudential regulator on Friday (Aug 23) said it has increased the capital add-on requirement for lender ANZ Group to ...
Indonesia eases local content requirement for solar power plants to 20%, official says
INDONESIA said on Monday (Aug 12) it has cut the minimum local content requirement for solar power plants to 20 ...
Elon Musk Goes After Twitter Approval Requirement
Elon Musk is taking another swing at the "Twitter sitter" requirement. Robyn Beck | Getty Images Elon Musk.On Tuesday, his ...
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