CBRC proposals would require banks to set up conduct management departments, submit conduct codes to regulator, establish whistle blower mechanism.
New framework will force banks to reclassify stressed accounts and initiate steps towards resolution, immediately on default.
The firm’s electronic trading system repeatedly submitted orders without regard for market liquidity and without effective price and volume controls.
New Payments Platform enables instant transfers between accounts at different financial institutions, at “any time of day, any day of the year.”
Malaysian Banks to ‘Rigorously Screen’ New EmployeesFebruary 19, 2018
ASIC Publishes Credit Rating Agency ReviewFebruary 18, 2018
BSP Cuts Reserve Requirement for Philippine BanksFebruary 17, 2018
SFC Raises Standards for Client Facilitation TradesFebruary 17, 2018
India Eases Market Access for Foreign InstitutionsFebruary 17, 2018
SEC Blocks China-linked Acquisition of Chicago ExchangeFebruary 17, 2018
Myanmar Banks Under Pressure to Rein in Overdraft LendingFebruary 16, 2018
IOSCO Calls for Clampdown on OTC Leveraged ProductsFebruary 16, 2018
Australia Creates New Financial Complaints BodyFebruary 16, 2018
Singapore to Raise Focus on Investment Fund Conduct, GovernanceFebruary 15, 2018