Hong Kong legislation enables authorities to achieve orderly resolution in the event of a bank failure and provides clarity on the effect on depositors and other creditors.
SZSE and SSE have strengthened rules for member firms on monitoring key accounts for abnormal trading and market manipulation.
CSRC says rental asset-backed REITs will allow property developers to raise funds, reduce leverage and diversify investment options.
BSE and NSE have launched online platforms for retail investors to participate in weekly RBI auctions for government securities and treasury bills.
Industry veteran Laura Cha is first female chairman for a two-year term, subject to approval by chief executive Carrie Lam.
The CSRC has allowed certain types of Hong Kong brokerages to sell locally-focused research to Chinese mainland investors as it looks to further integrate the two markets.
Central bank says many online lending firms are not licensed, making the loans illegal.
Accounts opened without new documentary requirements will have severe restrictions in place including a INR50,000 maximum balance and monitoring to prevent foreign transactions.
Toolkit offers options on standards and codes of behavior, measures related to wholesale market conduct, guidance on compensation, and tools for strengthening governance.
Central bank deputy governor says banks see non-payment as “on par” despite loan resolution framework; poor credit culture must change.