The consultation comes as the CSRC releases final regulations on the introduction of a market-making mechanism for the STAR Market.
May 17, 2022Sri Lanka has appointed a new prime minister after protests turned violent. Banks are told to suspend discretionary payments through the "prevailing macroeconomic tumult"
May 13, 2022Brokerage firms that are allowed to issue IPOs will be able to increase investment flows to the market and enhance their monitoring, BSEC said.
May 6, 2022ISDA plans to publish a legal opinion recognising China as a jurisdiction in which close-out netting can be applied, paving the way for a more diversified onshore derivatives transactions.
May 5, 2022Advisers will have to provide customers with suitable product options from at least three different providers for each class of insurance or takaful business being recommended.
April 29, 2022The BSP says higher capital requirements will enable rural banks to enhance risk management, upgrade resources, and accelerate digital transformation.
April 28, 2022The capital standard for banks’ equity investments in funds is expected to come into operation in Hong Kong on 1 July 2022.
April 27, 2022Rural cooperative banks can raise capital by issuing preference shares, perpetual debt instruments or long term subordinated bonds.
April 25, 2022The new guidelines cover capital requirements, large exposure limits, lending caps, and disclosures requirements for large NBFCs.
April 23, 2022The February version of the bill proposed to only allow crypto to be used as an investment vehicle. A digital ruble will be ready next year.
April 23, 2022