Securities regulator says market has had insufficient institutional involvement, leading to poor price discovery and risk management.
China’s central bank says reports will guide regulatory approach, but disagrees with bank capital and non-performing loan assessments.
Mitsubishi UFJ- NTT DATA distributed ledger expected to make cross-border flows more secure through single, unified platform.
New rules, which go into effect on 1 June next year, include restrictions on buy-in of securities companies, fund companies and other participants.
Securities regulator laid 42 charges in 6 months to end-September this year, up 180% from same period in 2016, but commenced far fewer investigations.
Inquiry to look into alleged misconduct in financial sector welcomed by banks, securities regulator, but not superannuation scheme operators.
SFC says Northbound scheme will be followed by Southbound investor identification, eventually spread to all SEHK investors.
Annual report into stability of financial system says domestic and regional lending improving, no signs of credit market overheating.
Case of $249mn in fake products first exposed when customer went to branch to redeem WMP which did not actually exist.
Distributed ledger trial will form basis of technology architecture, software functions and development standards to underpin markets.