Structural Regulation

Japan Set to Consult on Reorganisation of TSE Boards

02/12/2019

The TSE will consult on the criteria for companies to move to the First Section, and measures to enhance the independence of listed subsidiaries from their parent companies.

Structural Regulation

SEBI Lists Permissible Jurisdictions for Depository Receipts Issuance

02/12/2019

Indian companies will be allowed to issue depository receipts on exchanges in the US, Japan, Korea, the UK, France, Germany, Canada, and India’s own international financial centre known as Gift City.

Structural Regulation

Haymarket Enters into Strategic Partnership to Further Develop Regulation Asia

29/11/2019

Through this partnership, both firms can look to strengthen their editorial expertise with the goal of providing their respective audiences with deeper coverage on critical issues.

Market Risk

BCBS Proposes Revisions to Basel III CVA Risk Framework

29/11/2019

The proposed revisions aim to align the CVA framework with the final market risk framework, and to adjust the scope of portfolios subject to CVA risk capital requirements.

Market Abuse

Third Individual Jailed in SGX Derivatives Spoofing Case

29/11/2019

The former proprietary trading firm director furnished a false statement to SGX Derivatives Trading with the intent of deceiving it about trading activities in futures contracts.

Conduct, Culture & Accountability

Employee Credit Checks by FIs Are Appropriate: MAS

29/11/2019

It is entirely appropriate for FIs to assure themselves that their employees and representatives are in good financial standing, the MAS says.

Conduct, Culture & Accountability

CBA’s CommInsure Penalised A$700,000 for Hawking Offences

29/11/2019

The penalty follows last week’s guilty plea from CommInsure for conducting insurance sales by phone, where the customers had not requested to be contacted.

Market Abuse

SGX RegCo Proposes Removal of Minimum Trading Price Rule

29/11/2019

SGX RegCo is proposing to scrap the MTP rule in light of its suite of other measures to deal with market manipulation, including the pairing of trading restrictions with ‘Trade with Caution’ alerts.

Fraud, Scams & Cybercrime

SEBI Probes Exchanges, Brokers for Failure to Detect Karvy Fraud

29/11/2019

An NSE audit found that Karvy Stock Broking pledged 20 million rupees in client securities with various lenders to raise funds for its own use.