China

Baihang Credit Scoring granted three-year licence to provide personal credit information services online.

The move was designed to curb options market activity and discourage speculation amid recent volatility, says Bloomberg.

Banking regulator seeks to send a warning to financial institutions of the consequences of misbehaving

Shanghai, Shenzhen exchanges have outbid India’s NSE to buy 25% of Dhaka Stock Exchange.

US regulator says deal didn’t comply with rules governing stock exchange ownership, lacked transparency on source of funds and relationships among investors.

FSDC should focus on horizontal coordination and supervision of regulatory agencies instead of the current vertical coordination; PBoC should have a greater supervisory role.

CBRC proposals would require banks to set up conduct management departments, submit conduct codes to regulator, establish whistle blower mechanism.

New loans for January totaled CNY2.9 trillion, exceeding estimates and the previous record.

Major shareholders encouraged to buy more shares to stabilise the market and protect investors; mutual funds should avoid being net sellers.

Financial units of Alibaba and Tencent fined for offences including failure to file reports on forex payments by non-residents.