The measures include support for banks, businesses, and individual borrowers
ASIC says Westpac traded interest rate derivatives to pre-position itself while knowing it would be selected to execute a A$12bn interest rate swap hours later.
In a letter to Janet Yellen, two lawmakers have called for AML obligations to be expanded to hedge funds, private equity, and other professional enablers.
The three-year profit requirement will be raised from HK$50mn to HK$80mn, compared to the HK$125mn or HK$150mn options proposed in November.
Australian Military Bank is required to conduct a risk assessment, and then work to improve its KYC, transaction monitoring, EDD, and reporting systems.
Australia Considers Making CDR Data More PortableMay 6, 2021
ASIC Files Suit Against Westpac for Alleged Insider TradingMay 6, 2021
US Lawmakers Call for ‘War-like Footing’ Against CorruptionMay 6, 2021
HKEX to Lessen Profit Requirement Hike for Main Board IPOsMay 6, 2021
AUSTRAC Orders Mutual Bank to Uplift AML ComplianceMay 6, 2021
NPP Australia Implements Data-Rich Messaging StandardsMay 6, 2021
Taiwan FSC Fines Nan Shan Life Insurance Over Lax ControlsMay 6, 2021
BSP Expects New Digital Banks to Launch in H2 2021May 6, 2021
KRX Mulls Additional Measures to Attract Unicorn ListingsMay 6, 2021
Thailand to Tighten Crypto Exchange Account Opening RulesMay 6, 2021