Securities / Derivatives

SGX RegCo Resumes Watch Listing Process After Three Years

06/06/2023

SGX RegCo suspended the half-yearly watch-list reviews in June 2020. With the resumption, nine companies have been added to the list.

Fintech / Regtech

BIS Proves Viability of Quantum-Safe Financial System

06/06/2023

Project Leap involved the design and deployment of a secure communication channel to protect financial data against future threats from quantum computers.

Enforcement

PwC Australia Facing Loss of “Substantial” Government Contracts

06/06/2023

A number of government agencies, including ASIC, are reviewing contracts with PwC Australia over confidentiality breaches.

ESG / Sustainability

WWF-Singapore Assesses ESG Integration Efforts at Private Banks

06/06/2023

The study identified a need private banks to improve risk management and better incorporate ESG risk assessments and scenario analysis in their processes.

Market Infrastructure

Cboe Launches “First-of-its-kind” Global Listing Network

05/06/2023

Stocks that are “intralisted” on Cboe’s US and Canada exchanges will be available for trading in the Netherlands and the UK, with Australia to follow.

RBI Panel Offers Recommendations on Improving Bank Services

05/06/2023

The committee issued recommendations to foster a more customer-centric approach in the financial services industry.

Enforcement

FCA Fines ED&F Man Capital Markets for Cum-Ex Trading Breaches

05/06/2023

The GBP 17.2 million fine is the largest imposed thus far in connection with the cum-ex tax fraud scheme.

Securities / Derivatives

CFTC Proposes Rule Update to Account for Crypto and Cyber Risks

05/06/2023

The CFTC is considering requiring firms to update their risk management frameworks to account for related to crypto, AI, cyber, and climate.

Enforcement

HK Police Arrest Man for Illegal Short Selling, Fraud

04/06/2023

The man fabricated trading statements that falsely showed he held shares in four listed companies he short-sold, when in fact he did not, the SFC said.