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Department of SMEs Director calls for support for SMEs

More efforts should be made to promote the development of small- and medium-sized enterprises (SMEs) in China, said Su Bo, director of the department of SMEs under the National Development and Reform Commission. "We must improve the environment for new...

#forum#management#regulation

Basel II and Technology – Minimising Operational Risk

“One of the biggest challenges facing most European financial institutions is to ensure the implementation of fully Basel II compliant…

#financial institutions#financial services#international


SME banks avoid ban on new branches

The central bank's policy-making Monetary Board has approved a proposal to lift the moratorium on new bank branches provided that…

#bank#regulation#SME lending


Credit insurer refunds $6.5m to overcharged customers

Assurant Group companies have agreed to return about $6.5 million for charging what Maryland's insurance commissioner calls excessive rates for…

#compliance#insurance#Paid


Ernst & Young comments on the Enterprise Capital Funds

The UK government's Small Business Service (SBS) is not doing enough to help small businesses or the investors willing to…

#interest rates#regulation#risk


Financial Services’ optimism improves at fastest rate for five...

Financial services companies' optimism increased between December and March by more than at any time for five years, as business…

#banks#Boost#cloud


SMEs expect higher revenue 2004, but not profit growth

Singapore's small- and medium-size enterprises (SMEs) are expecting an increase in sales this year, but they don't expect this to…

#Bill#international#regulation


VAT rules to change on 1 May 2004

A slew of changes to the law on value-added tax are being passed by Parliament. Among these are: An easing…

#cash-flow#exporters#regulation


Loan scheme's effectiveness to be probed

The government will today launch a nationwide review into the effectiveness of its small firm loans guarantee scheme following concern…

#bank#Bank of England#debt finance


Anfac calls for factoring regulation

Chile's factoring industry would only become subject to official state regulation if the companies concerned were to begin to handle…

#bank#factoring industry#factoring regulation


Toprak Factoring joins Altэnbaю group

Toprak Factoring A.Ю., which was taken over by the Banking Regulation and Supervisory Agency (BRSA) in 2001, has announced that…

#bank#banks#investment


ICBC (Asia) to merge with Fortis Bank Asia HK...

Fortis (Fortis) has announced that the bank has signed a Sale and Purchase Agreement with Industrial and Commercial Bank of…

#bank#Bank of China#ICBC

CBI poll shows ‘deeply worrying’ trend

According to the CBI’s research, almost a third of the companies questioned had relocated some of their business abroad and…

#Clear#investment#Jobs

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