Consortium including Shanghai and Shenzhen stock exchanges pays $85mn for 40% stake in PSX.
Commission says ASX adhered to procedure during outage, but some areas needs to be enhanced.
2 Australian banks to make $3.6mn ‘community benefit’ payments, RBI fines 5 banks total of $844.
New requirements due to come into effect on March 15.
CCP regulation deemed equivalent in India, New Zealand and Japan; venues in Australia, Japan and Singapore.
Regulator says client account is suspected of being involved in market manipulation, account hacking.
Proposals cover eight main functions including compliance and AML/CTF.
Court order includes accusations that brokers are not ‘fit and proper’ to act in securities market.
Officers banned from the industry for using client money for personal use.
No individual involvement or human fault involved, report will say.