Securities / Derivatives

Fintech / Regtech

SFC Issues Robo-advice Guidelines

By Samuel Riding | 29/03/2018

Robo-advice platforms should explain how their underlying algorithms operate, ensure regular testing to ensure they remain fit for purpose.

Market Infrastructure

Hong Kong Issues LEI, Platform Trading Consultation for OTC Derivatives

By Samuel Riding | 29/03/2018

Paper says adopting LEIs should be mandatory for most market participants within six months of consultation conclusions being published.

Securities / Derivatives

China Launches Crude Oil Futures

By Manesh Samtani | 27/03/2018

Foreign investors allowed to participate in China’s futures market for the first time; foreign currencies to be used for margin deposits to facilitate foreign participation.

Securities / Derivatives

S.Korea to Introduce Mandatory Governance Disclosures

By Garima Chitkara | 26/03/2018

Large listed banks will be required to disclose corporate governance and internal controls starting 2019 based on norms to be released by FSC and KRX.

Market Infrastructure

India to Implement Early Warning System for Broker Defaults

By Garima Chitkara | 26/03/2018

SEBI consulting on draft measures on norms on early detection of potential default among stock brokers through an Intelligent and Specific Early Warning System.

Enforcement

SSE Re-stocks Disciplinary Arsenal

By Editors | 26/03/2018

New documents give Shanghai exchange greater powers over trading members and investors.

Enforcement

SFC Fines UBS Securities for Missing Client Consent Records

By Editors | 23/03/2018

The firm was only able to provide the regulator about half of the client consents for facilitation trades.

Enforcement

S.Korea Tax Authority Fines Brokers for ‘Borrowed Name’ Accounts

By Editors | 21/03/2018

Brokerages penalised for Samsung chief’s borrowed-name accounts will seek to recover money from the electronics giant.

Enforcement

Japan Introduces AI Market Surveillance

By Samuel Riding | 21/03/2018

System from Hitachi and NEC will identify potential unfair trading, but humans will still be relied on to interpret data.