The currency conversion system that delayed the launch of the Shanghai-London Stock Connect last month has now been completed.
Non-bank payment institutions will be required to report to the central bank any consumer transactions exceeding 50,000 yuan and cross-border transfers over 200,000 yuan.
India's securities regulator is looking to beef up its IT infrastructure for market surveillance and trade data analysis to improve detection of market violations.
The central bank has tweaked its definition of SMEs to include more firms and reduced reserve requirements for banks lending to these firms.
Thailand’s central bank is concerned about underpricing of risk on corporate loans given “growing uncertainties” in domestic and international markets.
Derek McGibney at ACA Compliance Group lays out the activities investment firms should be undertaking to ensure ongoing compliance with the FMCC.
The RBI says that current provisioning is inadequate to cover future losses from bad loans, which have been underrecognised by Indian banks.
Stress tests indicate Chinese banks would face capital and liquidity shortfalls under adverse conditions, according to the PBOC's latest financial stability report.
HKEX has loosened the eligibility criteria and created a more flexible structure to allow global liquidity providers to provide market making for Hong Kong exchange-traded products.
The majority of banks' clients pose low money laundering risks, and should not be subject to the same level of scrutiny as high risk clients, said FSC chairman Wellington Koo.
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