Financial holding companies controlled by non-financial enterprises that meet certain conditions will be supervised by the PBOC, with licences issued by the State Council.
Australia's fourth largest bank says the personal data uploaded to servers without authorisation was not copied or further disclosed, and has since been deleted.
A shares listed on the SSE Star Market will be eligible for northbound trading once relevant business and technical preparations are completed.
Effective from 1 October, new rules from HKEX will prohibit large disposals of businesses or assets by listed companies for three years following a change in control.
New Zealand joins Australia, Japan and Thailand in having implemented the legal and regulatory requirements to enable the Asia Region Funds Passport.
Four years of collaboration between India's major financial regulators has resulted in a new platform that enables financial services providers to share data with other institutions based explicitly on user consent.
ASIC has asked market operators not to admit any managed funds that do not disclose their portfolio holdings daily and have internal market makers, while it undertakes a review of its regulatory settings.
As CCPs move to more complex supply chain models, proper oversight mechanisms and controls need to be in place to manage the risks introduced by third-parties.
Announced last month, the new licensing regime will require financial advisers to operate under a new transitional licence from June 2020.
Currently, odd-lot trading is only permitted after-hours. Allowing intraday odd-lots trades is expected to boost retail stock market participation and increase daily turnover.