Indian Overseas Bank is required to improve internal controls and deal with mounting non-performing assets.
The Stock Exchange of Hong Kong has terminated a plan to allow dual-class shares and other weighted-voting rights structures after objection from the Securities and Futures Commission.
The Korea Exchange has said that it will seek to list foreign ETFs on the local stock market to meet rising local demand for direct overseas investment.
Intercontinental Exchange has announced that ICE Clear Singapore has been recognised as a third-country central counterparty in accordance with the European Market Infrastructure Regulation.
The Bank of England has tightened regulations for foreign banks offering retail services to UK consumers, forcing many overseas lenders to inject more capital into their UK subsidiaries.
SFC objects, saying proposals would damage reputation of Hong Kong’s regulatory system.
Bank Negara Malaysia (BNM) has released new policy requirements on compliance for financial institutions which will come into effect on January 1, 2017.
Whether or not they know it authorities have taken on the impossible task of preparing for financial calamity.
The Securities and Futures Commission has reappointed Carlson Tong as its chairman for a term of three years effective from October 20, 2015.
The China Securities Regulatory Commission is considering the resumption of initial public offerings, after halting approvals since July amid a domestic stock market meltdown.