APRA says ‘unquestionably strong’ means a CET1 capital adequacy ratio of 10.5% ; some lenders expected to require 150bp increase.
Fraud, money laundering more prevalent than even insider trading or market manipulation, Centre suggests; only 40% of market participants filed suspicious matter reports over 2-year period.
Move by banking unit of country’s largest financial group to stop mortgages being used for personal use expected to be followed by other lenders.
Regulator issues consultation on conflicts of interest, non-public information in sell-side research.
Hong Kong needs to beware as Australia and Singapore regulators issue game-changing initiatives.
The Australian Treasury issued a trio of proposals to enhance the enforcement powers of ASIC.
ASIC says Macquarie Securities failed to escalate suspicions; China-based HFT to pay $101mn.
All funding for securities regulator to be collected via levies on regulated entities.