CSRC chief’s job at risk; HKMA fines Indian bank; FSB delays risk assessment protocols; Asic sees strong fintech progress; and SEC to enforce pay ratio disclosure.
SFC bans ex-head of Ping An Securities; Australia clamps down on collective action; MAS looks at crowdfunding; Transparency for US systemic risk process; HK waives ETF tax; China rules to hit foreign IT.
Taiwan unveils Singapore stocks link; Australia secures RQFII quota; PBoC releases RQDII rules; Thai Reits set for inheritance tax; Hong Kong signs Fatca as deadline looms; chairmen set for cross-Strait talks; Stability Board urges unity; and Asic eyes disclosure innovation.
The Australian Securities & Investments Commission alleges that Goldman Sachs caused the price of a stock to climb 95% because of an erroneous trade order.
The country's regulator is introducing mandatory reporting and clearing in stages. But fund managers would be better able to implement the rules if they were introduced at the same time, observers argue.
Australia issues disclosure guidelines; Hong Kong starts consultation process; HK, Malaysia join forces to foster Islamic finance; Thailand mulls capital gains tax on stocks; Taiwan to scrap overseas investment cap; PBoC vows to tackle wealth products.