The Financial Reporting Council will commence its role as the independent oversight body for auditors of listed companies from 1 October this year.
The enhancement will provide investors greater flexibility during US market hours and improve risk management, HKEX says.
Malaysia's Securities Commission has released guidelines for property crowdfunding, while also authorising new equity crowdfunding and P2P platforms.
The Reserve Bank of New Zealand has revoked ANZ’s right to model its operational risk capital requirements due to persistent failures in controls.
The launch comes as funds globally experience significant margin pressures, and amid a need for reduced frictions in cross-border distribution of funds.
A former JP Morgan Securities managing director offered to employ the son of a potential client as a reward for "showing favour" in hiring the bank for IPO sponsor work.
The changes include enhanced repo market liquidity and flexibility, easier access to forex market, and an improved delivery mechanism for MGS futures settlements, among others.
Liu Shiyu, the former head of the CSRC who was replaced in January, is now under investigation in a corruption probe.
ICBC was reportedly the first bank to lower its lending rate on small business loans, offering a rate of 4.5% in Q4 2018, compared to the PBOC's one-year benchmark lending rate of 4.35%.
Individual traders at Citigroup, Barclays, RBS, JP Morgan and MUFG exchanged sensitive information and coordinated spot FX trading strategies through online chatrooms.