Regulation introduces concept of business correspondent-run ‘banking outlet’.
Regulator to look at possible bankruptcy regime for commercial banks, trust management, debt-equity swaps and microfinance.
Indian securities regulator has been using data analytics and surveillance to identify culprits.
Programme to launch with northbound trading only; rules to mirror those for overseas investors in inter-bank bond market.
Central bank to consider several of the measures mooted by head of science and technology department in March.
Exchange expects move to increase market volume by 2-3x.
Capital, shareholding, licensing regulations to be eased, sandbox expanded.
Incoming President Moon Jae-in has argued FSC should be a regulator only.
Substitute compliance would encompass 7 jurisdictions including 3 in APAC
Cybercrime rapidly becoming a top priority of Asia Pacific regulators.