A lobby group for startups in India is urging the government to change the criteria for shares with differential voting rights to allow founders and promoters to better safeguard their ownership control.
The Australian Banking Association will implement 7 Royal Commission recommendations through amendments to the Banking Code of Practice.
The Digital Accelerator Programme will allow fintech startups to work with professional mentors from asset management firms to create viable solutions for industry challenges.
The proposals include a minimum 50% variable component, a compulsory deferral mechanism, and clawback provisions to ensure compensation reflects performance.
The Court dismissed an appeal from short seller Andrew Left to overturn a 2016 ruling banning him from trading in Hong Kong for five years after he published a report containing false information.
State-owned lenders are instructed to increase loans to private firms by 30% this year, end discriminatory lending practices, and reduce their reliance on loan collateral.
CSRC says at least 9 fund managers are seeking approval to issue equity investment products on the new board, which could be launched within the first half of this year.
The FSS plans to tighten monitoring of unfair trading practices, namely high-frequency trading, false disclosures and unlawful short-selling. Merrill Lynch, Franklin Templeton under scrutiny.
The SFC said Wu Yinong breached the Code of Conduct and the Sponsor Guidelines when he was a sponsor principal in charge of supervising the execution of a 2009 listing application.
The FSB is seeking feedback on observed trends and drivers in SME financing, and whether regulatory reforms such as Basel III have affected financing to SMEs.