Investigation finds ANZ helped customers buy RMB-linked forwards for which they were unfit.
Reform would see BSP receive more financial support to enhance regulatory and supervisory powers.
Group met to discuss macroprudential frameworks, fintech, and correspondent banking.
Strengthened AML Act would include power to immediately freeze accounts.
Former Goldman Sachs director banned from regulated activity for making false statements.
Regulator says to boost cybersecurity, fintech; examine HFT trading regulation.
Finance minister says to extend reporting requirements to non-financial institutions.
Loan will enable implementation of development Capital Market Development Program.
Survey suggests doubts remain over implementation; technology, operational procedures the main challenge.
Draft includes developing a risk-based approach; BIS aims to stop transactions going underground.