Enforcement

Bursa Punishes RHB Representative for Unauthorised Trading

04/03/2021

The former representative committed the breaches for personal financial gain and attempted to conceal his misconduct from RHB Investment Bank’s management.

Enforcement

Taiwan FSC Penalises Brokers for Lax Security Controls

04/03/2021

Cathay Securities, Concord Securities and SinoPac Securities were fined the most and barred from certain business and capital raising activities for three months.

Capital / Liquidity

APRA Finalises Reporting Standard for Operational Risk Capital

04/03/2021

APRA has introduced a 35 day lag before data submitted for ARS 115.0 will become non-confidential, to ensure an ADI’s financial disclosures are published first.

Capital / Liquidity

RBNZ Refines Principles Governing Insurance Solvency Review

04/03/2021

The RBNZ says it is confident that the revised principles are now robust, comprehensive and will guide the ongoing policy work on the review of solvency standards.

Market Infrastructure

NSE, INX, MCX to Jointly Set Up New GIFT City Bullion Exchange

04/03/2021

NSE, India INX, MCX, NSDL and CDSL have agreed to set up a bullion exchange, clearing corporation and depository at GIFT City.

Securities / Derivatives

Chinese SOEs to Issue Carbon Neutrality Bonds on Shanghai Bourse

04/03/2021

China Energy Investment Corp, State Power Investment Corp, China Huaneng Group Co and China National Nuclear Corp will issue carbon neutrality bonds on the SSE.

Capital / Liquidity

Korea Extends Loan Deferrals, Regulatory Support for Six Months

04/03/2021

Individuals and businesses who have already received deferrals on loan and interest payments can re-apply for further extensions.

Market Infrastructure

Japan’s Mizuho Bank Suffers Another Outage at ATMs

04/03/2021

Another system failure took down 29 Mizuho ATMs for three hours on Wednesday, just days after more than 5,000 ATMs went offline.

Enforcement

MAS Bans Four Individuals Following False Trading Convictions

04/03/2021

Three former remisiers and one former insurance agent were banned following convictions connected to false trading in Catalist-listed Koyo International.