The guidelines require platform operators to carry out due diligence on prospective issuers of digital tokens, and issuers to satisfy governance and capital requirements.
The operator of the Hang Seng Index is soliciting market views on the eligibility of weighted voting rights and secondary-listed companies for inclusion in the benchmark.
The EBA has identified four key pillars necessary to support the rollout of advanced analytics in the banking sector, along with a set of ‘elements of trust’.
The top 500 listed companies by market cap have two additional years to comply with a requirement to separate the roles of chairman and managing director.
The rule will be stricter than the 4x leverage limit imposed by the Japan Virtual Currency Exchange Association, the industry's self-regulatory organisation.
Every Malaysian aged 18 years and above, and earning less than 100,000 ringgit a year, is eligible to receive a one-off 30 ringgit through one of three e-wallet companies.
SFC deputy chief executive Julia Leung has indicated that discussions with the CSRC have resumed to address the technical challenges of implementing an ETF Connect.
The framework will enable foreign banks in China to set up separate digital banking platforms, while also covering existing online-only banks WeBank, MYbank and AiBank.
Foreign investors will be subject to the CFIUS national security review process even for deals to take a non-controlling interest in certain US companies.
Mirae Asset will pay $700,000 to settle charges against Daewoo Securities, which it acquired in April 2016 — after the spoofing conduct at issue occurred.