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BNM tightens rules on fixing onshore ringgit rates
Bank Negara Malaysia moved on Thursday to tighten rules on the fixing of onshore reference rates for the ringgit currency and "enhance the quality and integrity" of the process.
JPMorgan joins UBS in exit from Australia rate setting panel
SYDNEY: JPMorgan Chase & Co is pulling out of the panel that sets Australia's benchmark interbank lending rates, joining UBS in an exodus from regional rate setting panels in the wake of the Libor rate rigging scandal
Court rules for NYSE, Nasdaq in pricing case
NEW YORK: The New York Stock Exchange and the Nasdaq Stock Market will have greater latitude to increase revenue from the sale of market data, under a US appeals court ruling on Tuesday that dismissed a complaint brought by a group of Internet companies and a trade group for brokers.
Australia publishes currency rules
SINGAPORE: Australia’s regulators published conventions for the currency market, underscoring a push to shore up standards in the US$5.3 trillion-a-day industry.
