The deployment of cyclical macroprudential policy tools such as the CCyB is now paramount to keep rising vulnerabilities from putting growth at risk.
HKMA chief Eddie Yue says it is appropriate to maintain the CCyB at 2.0% to allow more time to "observe the trend".
The account executive conducted discretionary trades for a client account for almost two years without obtaining written authorisation.
A former adviser of NAB-owned Godfrey Pembroke failed to act in his clients' best interests by recommending they invest in a mobile payments start-up that later failed.
The FCA has clarified that any period of non-representative LIBOR based on reduced panel bank submissions could last for only a period of months, not years.
The global exposure to financial derivatives must not exceed 20% of the qualifying fund's net assets, up from 10% previously.
Any member of the promoter group would be deemed a related party regardless of shareholding. Any shareholder with more than 20% of a listed company's shares would also be deemed a related party.
The FSC is seeking comment on a draft enforcement decree setting out entry requirements, operating rules and investor protection measures for the P2P lending sector.
The group of lawmakers reportedly plans to submit its proposal for a 'digital yen' to the government as early as next month.
The consortium aims to address regulatory fragmentation and increase access to the financial system through innovative policy solutions for digital currencies.