New documents give Shanghai exchange greater powers over trading members and investors.
FSC may authorise Japan’s Line Corp and Rakuten to operate as full-service banks in Taiwan.
Jewellery chain falsified financial records to obtain 8.24 billion rupees in loans from 14 banks over 10 years; infrastructure firm defrauds 9-bank consortium of 13.94 billion rupees.
The firm was only able to provide the regulator about half of the client consents for facilitation trades.
Head of Financial Reporting Council says overhaul of accountancy regulation will not meet international standards.
Hong Kong investors will pay half the normal withholding tax rate on the interest earned on their investments in India.
Key facilitators for money laundering include shell companies and trusts, alternative banking platforms, trade based activities, real estate, casinos.
Brokerages penalised for Samsung chief’s borrowed-name accounts will seek to recover money from the electronics giant.
System, which is awaiting approval from financial service authority, will require either fingerprint or retina scanning.
The bank’s Singapore branch and trust unit failed to adequately assess and mitigate risks that clients were trying to avoid CRS reporting obligations.