Bankers in Australia face reforms to their bonuses including having to wait longer for them to be paid out as the Australian Prudential Regulation Authority (APRA) explores in a discussion paper ways to incentivise better behaviour. 

Following a consultation, the Hong Kong Securities and Futures Commission (SFC) said it will work closely with the Hong Kong Stock Exchange (HKEx) and is amending listing rules to clamp down on backdoor listings and shell activities. 

Amid speculation that the Bank of Japan (BoJ) is planning to increase its monetary stimulus programme, regulators are warning that it should carefully consider the impact on regional banks before doing so. 

Australian regulators are seeking comment on guidance for dealing with individuals who call out wrongdoing in the stock market listed firms they work for and to ensure they are heard and protected.

The People’s Bank of China (PBoC) has laid out a three-year plan to increase the use of technology in the financial sector to improve customer satisfaction, trust and to ensure such services are secure.

Those who report on wrongdoing within their firms are now better protected from reprisal by their employers, the Australian Securities and Investments Commission (ASIC) said in a statement. 

China is apparently planning tougher rules on the pricing and fund inflows into the $2tn cash management products (CMP) industry.

China premier Li Keqiang said the country is to scrap all limits on the foreign ownership of Chinese financial firms in 2020, a year earlier than originally flagged.

Several CEOs of large Australian banks have received a joint letter from three Australian regulators urging them to plan for the end of the London interbank offer rate (Libor).