Deal involving multiple regional banks, which takes effect on 2 January, will enable wider use of domestic currencies in financial investment.
Judge rejects legal challenge to transfer of documents seized by SFC during execution of a search warrant to the Chinese securities regulator.
Australia joins Japan in recognising cryptocurrencies as a store of value, international transactions of $7,500 or more must be reported.
Government official says Hong Kong will continue to regard cryptocurrencies as commodities, won’t legitimise through regulation.
Securities regulator hopes to introduce regulations by first quarter of next year to democratise $300bn market.
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.