Banks allowed to provide broader range of services including online sale of consumer goods; MAS cites 'increasing competition from non-bank players'.
Bank-owned NESL wins license to operate utility which shares information on financial contracts as part of efforts to clean up bad loans.
Australian bankers rail against short deadline for comments on BEAR, which mirrors Hong Kong’s recently introduced MiC.
GFMA, KPMG report suggests the number of liquidity providers will decline; market participants can’t expect harmonised regulatory environment.
Government and trade bodies view PE as means of increasing support for Hong Kong Start-ups, keeping pace with Singapore and the UK.
Global Times says domestic officials are increasingly frustrated by the slow pace of opening up and reform of capital markets.
Asian exchanges and regulators need to learn the latest lesson about how multiple share structures can be abused, and stopped.
Market participants can't meet diverse regulatory requirements without using DLT to share back office and post-trade functions, report suggests.
Sandbox board includes ASEAN Bankers Association, Monetary Authority of Singapore and is being advised by Intel, Microsoft Asia Pacific and IBM Philippines.
Official central bank report issued last year had suggested P2P lending platforms meet $311,000 minimum capital and leverage ratio requirements.