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U S COVID-19 relief program mistakenly paid $692 million in duplicate loans, says watchdog

MPs go head-to-head over responsible lending bill

MPs go head-to-head over responsible lending bill By Annie Kane 16 March 2021 Several MPs went head-to-head at the second reading debate in the Houses of Parliament, with members of the Opposition particularly concerned over the impact of the repeal of responsible lending laws. On Monday (15 March), the National Consumer Credit Protection Amendment (Supporting Economic Recovery) Bill 2020 – which focuses on amending the credit laws so that they remove responsible lending obligations (RLOs) and extend the best interests duty to more credit assistance providers, among other changes – was debated in Parliament during its second and third reading. The debates, held in the Houses of Parliament, followed on from the release of the Senate economics legislation committee final report for its inquiry into the matter on Friday (12 Marc

LATEST PODCAST: The debate around responsible lending

Mortgage Business LATEST PODCAST: The debate around responsible lending By Robyn Tongol 15 March 2021 The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market. Join Alex Whitlock and Annie Kane as they discuss why the Senate economics legislation committee believes responsible lending laws should be repealed, the arguments for and against the move, and the government’s new initiative to help SMEs coming off JobKeeper. This week, they discuss: - How house prices, auctions and arrears are faring; and - The SME Recovery Loan Scheme And much more!

Nasdaq Stockholm AB: Listing of bond loan(s) issued by Credit Suisse International on STO Structured Products Units (Record Id 166898)

Bangladesh builds infrastructure fund with forex reserves

  Staff Correspondent,  bdnews24.com Published: 15 Mar 2021 04:51 PM BdST Updated: 15 Mar 2021 10:25 PM BdST Bangladesh has formed a new fund with a portion of forex reserves to finance infrastructure projects. ); } Prime Minister Sheikh Hasina launched the fund, known as Bangladesh Infrastructure Development Fund, via video conferencing from the Ganabhaban on Monday. The first project to be financed through BIDF is the dredging of a channel for the Payra port in southern Bangladesh. A three-way loan agreement was signed for the project in Dhaka. Hasina said: “As a developing country, we will have to finance our own projects. We will develop our country. That is our goal. And a lot of work needs to be done to accomplish that.”

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