Banks that draw from the capital conservation buffer or fall below 100% LCR will not be considered in breach of Basel III rules.
Westpac has identified an estimated 60,000 to 90,000 threshold transaction reports that were not reported to AUSTRAC, and potential problems with its FATCA and CRS compliance.
HSBC's insurance unit has entered into an agreement to buy the remaining 50% equity interest in its China joint venture - HSBC Life China.
Five steps are proposed for public authorities to assess the adequacy of a CCP's financial resources to support its orderly resolution and minimise financial stability risks.
The legislative revisions will allow firms greater flexibility to implement Chinese walls and outsource key functions, while allowing for harsher penalties when issues arise.
The certifications took effect from 1 May, the same day the FSA said it would start enforcing new laws on crypto assets.
The CBIRC has asked Bank of China to improve its risk management and to negotiate with investors in good faith over an estimated 10bn yuan in losses in its crude oil product.
The Association of Superannuation Funds of Australia estimates that super funds may have paid out A$7.1bn in total, including the second week of the initiative.
Effective from 4 May, advertisers of capital markets products and services are no longer required to submit their advertisement materials to the SC for approval.
Innovative Chinese companies listed overseas will be eligible to list depositary receipts at home with just $2.8bn in market cap, compared to $28bn under 2018 rules.