South Korea’s Fair Trade Commission has fined JP Morgan, HSBC, Deutsche Bank and StanChart a combined $613,000 for rigging forex derivative prices.
The SSE and SZSE have extended the repurchase period for pledged shares to over three years and loosened restrictions on the number of shares that can be pledged.
Concerned about the concentration risk posed by the NPCI, the central bank has proposed relaxing some requirements for new firms looking to operate payment systems in India.
Brokers say SEBI's new margining norms increase the cost of trading without any real reduction in risk and will result in "unprecedented damage" to India's equity derivatives market.
Affin Hwang Investment Bank and Bursa Malaysia have formally launched a securities borrowing and lending facility for retail investors.
While ASIC officials talk up plans to fund more court cases, behind the scenes they are reportedly concerned about the community backlash and loss of confidence if cases are lost.
Although it is still unclear which of the proposals will be adopted, the industry sees the data as so compelling that regulators will recognise the need for some form of relief.
The RBNZ's endeavours to strengthen the banks could come at a significant cost to the New Zealand economy, UBS has said in a research note.
A plan to launch a derivatives market in Myanmar is afoot, but an important step is to put in place an appropriate regulatory regime.
The HKMA circular follows last week's publication of new minimum capital requirements for market risk by the Basel Committee on Banking Supervision.