Enforcement

SFC Bans BNP Representative for Unauthorised Discretionary Trading

29/03/2022

The relationship manager asked clients to pre-sign blank instruction forms so he could place trades for their accounts without having to inform them in advance.

Enforcement

Singapore Jails Nominee Director for Facilitating Illicit Activities

29/03/2022

The director of corporate service provider 3E Accounting served as local resident director of four companies whose bank accounts were used to receive criminal proceeds.

Crypto / Digital Assets

Thailand SEC Unveils 2022-2024 Strategic Plan

29/03/2022

The SEC will seek to enhance competitiveness, ensure inclusiveness, and strengthen trust and confidence in the capital market.

Enforcement

CSRC Fines Securities Firm Over Client Records Management

29/03/2022

Shenwan Hongyuan Securities failed to appropriately manage its online investment advisory business on Ant Group’s wealth management app.

Market Infrastructure

China to Establish Financial Stability Fund by September

29/03/2022

Regulators led by the PBOC plan to use the new financial stability fund as a backup to dispose of major risks which could have systemic effects.

Market Infrastructure

SSE, SZSE Issue Rules to Expand Stock Connect to Europe

29/03/2022

UK, Swiss and German listed companies can issue CDRs in China if they have a market cap of at least $3.14bn and a listing history of at least three years.

Market Infrastructure

Malaysia in Talks to Harmonise Carbon Trading

29/03/2022

The establishment of a single carbon trading market for Malaysia will help to avoid fragmentation across the country.

Crypto / Digital Assets

ASX Announces Likely Delay to Chess Replacement Go-Live

29/03/2022

The next software release from technology provider Digital Asset has been delayed by three months, impacting the project schedule.

Securities / Derivatives

SEBI to Allow Exchanges to Offer Commodity Index Options

29/03/2022

SEBI has set out a product design and risk management framework that should be used by exchanges looking to offer such products.