Measures are part of efforts to boost Hong Kong’s competitiveness as a fintech hub.
Clarient Global report suggests nearly two-thirds of firms have difficulty obtaining client information.
Failures could cause bank run, and authorities would have to intervene, head of China strategy says.
ASX says disruption was due to hardware failure and not a cyber-attack.
Agricultural Bank of China and ICBC among 44 lenders censured.
Parliamentary task force is looking at possible money laundering and insider trading.
Deutsche Bank's $14bn fine leaves the public wondering why bank penalties continue to grow with no end in sight.
Company has promised to pay out returns from 1 October after 6-month hiatus.
Revisions aims to align framework with Basel changes.
MAS says reporting does not necessarily mean a client will be investigated by the police.