Central bank concerned up to 32,000 people have been defrauded; Prime Minister urges regulators to ‘toughen management’ of cryptocurrency activity.
Executive director also says regulator to develop common standard on the content and format of data required to be kept by investment...
Governor Yi Gang confirms there will eventually be no limits on foreign ownership of financial institutions; quadruples Stock Connect quotas.
Ex head of equity markets at Malaysia’s largest bank also fined $250,000 for offences which occurred more than 10 years ago.
Statement says deal on trade in services close to agreement, ASEAN members to also update wider agreement on cross-border services this year.
Duo spent $103mn in illicit gains on Rolls Royces, a Lamborghini, an Aston Martin, a Mercedes, a BMW and yachts
Securities regulator, which remains independent after recent reshuffle, tightens rules on investment bank internal controls, securities and futures market participation.
Robo-advice platforms should explain how their underlying algorithms operate, ensure regular testing to ensure they remain fit for purpose.
Paper says adopting LEIs should be mandatory for most market participants within six months of consultation conclusions being published.
Senior party official will take responsibility for merged banking, insurance regulator, as predicted by Regulation Asia last February.