Securities / Derivatives

Enforcement

SFC Obtains Orders Against Ex-Chairman for Fraudulent Share Scheme

By Mark Johnston | 16/11/2023

Former chairman disqualified for 10 years from holding any directorial or managerial position in Hong Kong and fined for fraudulent share scheme.

Market Infrastructure

US Moving to T+1: What are the Critical Priorities for Japanese Investment Managers?

By Yuichiro Araki | 16/11/2023

Yuichiro Araki discusses operational considerations for Japanese investment managers preparing for an accelerated US settlement cycle.

Market Infrastructure

ASIC Licenses Second Derivative Trade Repository

By Editors | 16/11/2023

ASIC has granted an Australian Derivative Trade Repository licence to US-based KOR Reporting Inc.

Market Infrastructure

ASIC Consults on Further Changes to OTC Derivatives Reporting Rules

By Editors | 16/11/2023

ASIC proposes changes to some data elements and other minor amendments, informed by international developments and industry engagement.

Securities / Derivatives

SEBI Directs Stock Brokers to Issue Simplified Terms to Clients

By Ajoy K Das | 16/11/2023

Brokers forum instructed to frame standard ‘most important terms and conditions’ for new clients by 1 April and existing clients by 1 June.

Crypto / Digital Assets

IOSCO Finalises Policy Recommendations for Crypto Markets

By Manesh Samtani | 16/11/2023

The recommendations cover six key areas, consistent with IOSCO’s Principles and associated standards for securities markets regulation.

Securities / Derivatives

NZ FMA Consults on Approach to “Fair Outcomes” Regulations

By Sanday Chongo Kabange | 16/11/2023

The FMA is consulting on seven “fair outcomes” it wants financial service providers to deliver for consumers and markets.

Crypto / Digital Assets

MAS Launches New Tokenisation Initiatives Under Project Guardian

By Editors | 16/11/2023

Five new industry pilots have been initiated. A new funds workstream and new digital infrastructure initiatives being launched.

Market Infrastructure

China: NFRA, CSRC Publish New Details on Scope of Responsibilities

By Editors | 16/11/2023

The NFRA was established in May as a new body to oversee all sectors of the financial industry, except securities, though it is absorbing investor protection responsibilities from the CSRC.