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Total bank exposures to Group 2 cryptossets would be capped at 1% of Tier 1 capital. Banks would be permitted to recognise hedging for certain Group 2 cryptoassets.

The review is intended to improve Recommendation 25 and its Interpretive Note to better meet its stated objective to prevent the misuse of legal arrangements.

The data centre provides information on business operators, licensed individuals, and the products available - including digital assets.

Foreign institutional investors permitted to participate in the interbank bond market are also allowed to participate in both the SSE and SZSE's exchange bond markets

FPIs will be allowed to trade non-agri commodity derivatives and select non-agri benchmark indices. Only cash-settled contracts will be allowed.

The settlement is largest penalty the SEC has ever imposed against an audit firm, double KPMG's 2019 penalty.

The five banks will collaborate with CanDeal Group to create a common data and regulatory experience for the industry.

ASIC is now considering using its broader product intervention powers to address consumer detriment in continuing credit contracts.

Banks, insurers and non-bank deposit takers will be required to obtain a conduct licence from the FMA, on top of their prudential licences from the RBNZ.

The regulations, effective on 1 July, will support the establishment of evaluation, identification and classification standards for green finance products and projects.