The PBOC has instructed six state-owned banks to provide low-interest loans to a broader pool of companies than originally specified under a special re-lending programme earlier this month.
The FSC is revising its guidelines on the supervision of financial conglomerates to enhance capital adequacy assessments, disclosure rules, and internal controls requirements.
The domestic treasury bond futures market was closed in 1995 following a panic sell-off and the collapse of China's largest brokerage at the time.
Larger ADIs have better stress testing governance practices and scenario development processes, and make better use of stress test results, than smaller institutions.
The focus areas include LIBOR transition, BigTechs in financial services, and the development of a cyber risk effective practices tookit.
An essential first step to prepare for the FAR is for organisations to clarify internal lines of accountability, says APRA's Helen Rowell.
The introduction of a consolidated tape and enhancements to investor protection are high priority items in the review.
HSBC continued to evade Iran sanctions after its 2012 deferred prosecution agreement with the US Department of Justice, Huawei lawyers say in a letter to a New York District Court.
The amendments include stock trading controls to prevent insider trading, ethical management units at listed companies, and disclosures of governance practices for managing climate risk.
ESMA says BMR's wide scope has led to an unintended consequence whereby third-country benchmarks are not incentivised to keep providing their benchmarks in the EU.