Banks will be under third-party supervision as they fix ‘systems, control and monitoring’.
But Mark Carney suggests body will investigate ‘unintended consequences’ of regulation.
Zhongtai International breached AML/CTF Ordinance, Code of Conduct and SFC guidance.
Hub is intended to build regulatory capacity in APAC jurisdictions.
Regulator to also develop covered warrants framework; is lobbying for stock exchange merger.
CEOs also agree to promote cross-exchange listings, mutual recognition of capital market professionals.
Paper seeks comment on potential risks from 3 possible models for competition.
SGX to trial distributed ledger in fixed income trading, settlement.
24 brokers issued ‘show cause’ notices, another 26 in the firing line.
Indian securities regulator also amends charges on derivatives transactions.