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Using the product intervention power: short term credit
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Hong Kong defends local dollar in first currency intervention in …
WebThe Hong Kong Monetary Authority stepped into the financial markets on Thursday for the first time in 18 months to support the local currency, as US interest rate rises has led to carry-trade ... WebThe Proponent initiates the process by informing the Authority of the proposed intervention. At this stage, the Proponent must provide the Authority with an initial description of a proposed intervention such that the Authority may determine whether the intervention falls within the scope of the Gozo Regional Development Authority Act. WebMarket wide product intervention order restricting sale (with conditions) is appropriate ASIC is proposing to make a product intervention order which will prohibit credit providers, and their associates, from providing short-term credit and collateral services unless the total fees charged are limited to a maximum of 5% of the credit cyber security jobs wales