MARKET UPDATES :
The Monetary Authority of Singapore (MAS) has sought information from some Singapore-based lenders about their Chinese clients and loan exposure to China amid an investigation into a suspected commodity financing fraud at China’s Qingdao port. The regulator sent a questionnaire to a number of banks in mid-July requesting data on their total China exposure by purpose and trade finance exposure, according to five Singapore-based banking sources. Lenders were also asked for details of their import and export commodities exposure.
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The Monetary Authority of Singapore (MAS) has sought information from some Singapore-based lenders about their Chinese clients and loan exposure to China amid an investigation into a suspected commodity financing fraud at China’s Qingdao port. The regulator sent a questionnaire to a number of banks in mid-July requesting data on their total China exposure by purpose and trade finance exposure, according to five Singapore-based banking sources. Lenders were also asked for details of their import and export commodities exposure.
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BUY HONGKONG LAND ABOVE 6.990 TG 7.060, 7.130, 7.220 SL 6.900
BUY HONGKONG LAND ABOVE 6.990 TG 7.060, 7.130, 7.220 SL 6.900
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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