Stronger breach reporting requirement includes naming responsible senior executives.
Proposed changes include greater enforcement, punishment powers for CSRC.
Feng Xiaoshu said to have made RMB248mn from illegal trades using family members’ accounts.
Advisers have 6 months to meet new licensing regulations including capital, audit and accounting, and conduct requirements.
Ravi Menon cites banks exit from some market segments, but says costs not sufficient reason for regulatory rollback.
Regulator also eyeing conduct and culture; conflicts of interest, tech and market innovation risks.
Governor tells foreign firms FSS will shift from ‘punitive and ex-ante supervision’ in 'the Age of VUCA'.
Development follows on from January warning on DDOS hacks and blackmail.
MoU recognises New Zealand's CCPs as able to provide clearing to EU clearing members, trading venues.
Position limit set at 10% of free float; 50% of domestic market MWPL by value.