Enforcement

Securities regulator, which remains independent after recent reshuffle, tightens rules on investment bank internal controls, securities and futures market participation.

ICICI Bank sold debt securities from its held-to-maturity portfolio in excess of 5 percent of total value without the necessary disclosure in contravention with RBI rules.

New rules to reduce leverage, ban guarantees; financial court to be set up in Shanghai will jurisdiction over major legal cases.

Public inquiry’s first round of hearings reveals multiple failures at ‘big four’ banks to lend in customers' best interests.

Code being considered by ASIC will be binding, with self-regulatory body given power to investigate misdemeanours and issue sanctions.

Thematic review details deficiencies in standards of conduct, due diligence practices and internal systems and controls.

Large listed banks will be required to disclose corporate governance and internal controls starting 2019 based on norms to be released by FSC and KRX.

New documents give Shanghai exchange greater powers over trading members and investors.

Jewellery chain falsified financial records to obtain 8.24 billion rupees in loans from 14 banks over 10 years; infrastructure firm defrauds 9-bank consortium of 13.94 billion rupees.

The firm was only able to provide the regulator about half of the client consents for facilitation trades.