ESMA executive director Verena Ross says more than 200 non-EU trading venues have asked for exemptions from MiFID II post-trade transparency, position limits.
Court also rules a person’s lack of awareness they are trading on inside information doesn't mean they don't have to pay back illicit gains.
Mark Jennis of Global Collateral suggests it will take a further two years for Asia Pacific firms to get all their ducks in a row.
Report suggests AI and machine learning could create new systemically important players, warns on opacity, audit difficulty.
Move is part of President Moon Jae-in’s Chaebol clean-up campaign, follows proposal to make agencies liable for ‘defective ratings’.
MMFs will face more enforceable requirements than other portfolios, including rules on average maturity, 1-day/5-day redemption.
RBI (the Reserve Bank of India) will allow central treasuries used by non-resident companies to hedge their rupee currency risk from trade transactions.
Head of enforcement says the IPO sponsors may have failed to verify data, opening the door to fraud by the listing companies.
Biggest lenders continue to frustrate efforts by authorities to increase competition and throw open door to banking disruptors.
Vice chair Fang Xinghai says stock index futures market has been ‘substantially restored’ since outright ban in September 2015.