The new measures include relief from mutual fund policy initiatives, penalty provision exemptions for brokers, and various deadline extensions.
‘APRA Connect’ go live dates will be delayed by at least six months to allow financial institutions to concentrate on their businesses and assist customers impacted by the coronavirus.
The 100-trillion-won package includes funding for businesses, two market stabilisation funds, support for new bond issuance and liquidity support for brokerage firms.
Deutsche Börse is the licensor of TAIFEX market data to international clients, allowing them to access data products offered by both exchanges under a single licence agreement.
The former broker was convicted and jailed in December 2018 for stealing over HK$110mn in shares from China Pacific’s clients over a seven-year period.
The short-selling suspension will last until 30 April 2020. Annual licensing fees will be waived. CPE and professional training requirements will be eased.
Including the new package, a total A$189bn is being injected into the economy by 'all arms of the government' to 'help build a bridge to recovery'.
“Aggressive efforts must be taken across the public and private sectors,” the Fed said, effectively pledging to buy Treasuries and mortgage-backed securities to any extent required
Singapore and Australia have committed to allowing financial institutions to choose where their data is stored and prohibiting data localisation, among a raft of other agreements.
APRA and ASIC have suspended the majority of their planned policy initiatives and do not plan to recommence consultation on any non-essential matters before 30 September 2020.