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» State-run GH Bank will ask the Finance Ministry to allow it to set criteria for homes that can be pledged under its reverse mortgage scheme, in a move to help it avoid shouldering entire loan-loss provisions if the homes cannot be sold for 10 years after the death of the original owners.
» It is unnecessary for peer-to-peer (P2P) lending platform operators to test out their services in the regulatory sandbox because such practices have long been established in the global financial market, says the head of the Fiscal Policy Office (FPO).
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