The RBNZ proposes changes to make assurance reports on bank disclosure statements easier to navigate, more readable, and easier to prepare.
Singapore banks will put in place the more stringent measures within the next two weeks, and work on more permanent solutions in the coming months.
The SPAC listing application was made by Aquila Acquisition Corporation, whose ultimate parent is China Merchant Bank.
An October 2020 proposal to introduce 'Adjusted Liquid Capital' as a single capital measure will be implemented no earlier than February 2023, with some adjustments.
Statewide also reported its breaches to ASIC some 45 days late. The firm is required to undertake a remediation programme and engage an independent expert for review.
The BSEC is working to set a new method for valuing technology startups with high growth potential to enable them to list on the stock market.
The draft rules enable DvP settlement for proprietary and custody businesses involving institutional investors by linking securities transfers to cash payments.
The rule amendments limit board tenure to 12 years, require the appointment of at least one woman director, and enhance transparency on board appointments.
Deutsche Börsem, including European Energy Exchange, will explore opportunities to cooperate with and Guangzhou Futures Exchange to develop green finance products and services.
The BSP has partnered with the University of the Philippines to develop a News Sentiment Index, which will lead to more targeted policy formulation.
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