The FSA plans to stress test Japanese regional banks by mid-year and issue business improvement orders and possible restrictions on poorly performing banks.
New rules will limit cryptocurrency margin trading to two-to-four times initial deposits and require exchanges offering margin facilities to register separately with government.
Vietnam’s prime minister has approved a scheme that will force banks to list on a stock exchange by 2020. Banks are currently reluctant to go public due to poor market conditions.
Brunei’s government has agreed on a budget of more than $300mn to establish the country's first stock exchange in the next few years.
The proposed agency – the first of its kind in China – could help failed banks to exit the market, limit depositor losses, and prevent contagion effects when serious credit risk events arise.
The Treasury is proposing legislative amendments to make industry codes of conduct legally enforceable, where contraventions will constitute a breach of the law.
BOCI Securities failed to comply with requirements relating to client profiling, product due diligence, and suitability assessment in its sale and distribution of investment products.
SBI, ICICI Bank and HDFC Bank will remain India's D-SIBs this year. The additional CET1 capital they need to hold will rise in April.
Regulators will tolerate higher NPL ratios on bank lending to small and micro companies, in a bid to improve access to financing for China's ‘real economy’.
The new rules against market abuse cover market and benchmark manipulation and the misuse of information in markets regulated by the RBI.