Intervention action should be taken to correct unsafe or unsound banking practices before rules and buffers are materially breached.
JPX to sell stake due to governance code requirements to explain strategic holdings, but says cooperation will continue.
Overseas-listed tech firms with market cap over 200 billion yuan can issue CDRs; unlisted firms valued over 20 billion yuan to be...
New rules to reduce leverage, ban guarantees; financial court to be set up in Shanghai will jurisdiction over major legal cases.
The second phase of CIPS will pilot at ten banks covering cross-border yuan clearing and settlement for all time zones.
Regulator has imposed a Tier 1 capital surcharge between 1 and 3.5 percent on the country’s systemically important banks.
BNM to introduce code of conduct for senior FI personnel, regulatory standards to govern banks’ increased outsourcing of functions.
Implementation of Asia Region Funds Passport to be complemented by a new corporate structure vehicle to export to investors in Asia.
Managing director and CEO of National Stock Exchange tells Livemint new technology is needed to meet traders’ increasing sophistication.
Code being considered by ASIC will be binding, with self-regulatory body given power to investigate misdemeanours and issue sanctions.