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  • The Securities and Futures Commission (SFC) has reprimanded Morgan Stanley Hong Kong Securities over internal control failures, slapping a fine of HK$18.5m ($2.4m) on the US bank.
  • The Indian government has rejigged the conflict of interest clause in an upcoming request for proposals for sell-downs of companies in the Special Undertaking of Unit Trust of India, according to a source with knowledge of the situation.
  • UBS’s deputy head of China corporate client solutions (CCS) left the Swiss bank last month, said sources close to the departure.
  • Singapore Exchange (SGX) and the Baltic Exchange have agreed terms for a recommended share offer as the Asian company looks to proceed with a proposed acquisition.
  • Mary Ann Deignan, global co-head of equity capital markets at Bank of America Merrill Lynch, has resigned to join Lazard.
  • The Indonesia Stock Exchange (IDX) has opened an online information service to educate private companies on the benefits of listing, according to a document from the bourse.