Central bank governor says rules will be relaxed so inbound investment, private sector foreign currency borrowing require reporting, not registration.
Step-in risk guidelines due to be implemented by 2020 will require reporting rather than additional liquidity or capital charges.
Decision to work together on distributed ledger, other fintech initiatives belie reputed rivalry between two financial centres.
Central bank says Aadhar cards must be linked to bank account; proposed credit registry to be open to ‘all stakeholders’.
Securities regulator says current maximum punishments are not sufficient as they don’t wipe out gains made from illicit activity.
Central banks also points to potential systemic risk from 'common exposure' as competition to lend money intensifies.
Current 20% RRR is one of the highest in the world; capital market development to focus on fixed income and repo markets.
PBOC governor says regulatory agencies not properly coordinated, reiterates concern about bad debt as China transforms into market economy.
Central bank suggests financial market supervisors use of technology is one of the highest priorities in global regulation.
From 6 November, trading in mini and full versions of HSI and HSCEI index futures will be extended to 1am Hong Kong...