Articles by Manesh Samtani, Regulation Asia
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19ChinaChina Bourses Agree on Plan to Allow Trading in HK-Listed Dual Class Shares
July 19, 2018HKEX, SSE, SZSE to set up joint working group to formulate supplementary rules for including dual class shares in Stock Connect southbound...
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85AML / KYCSFC Goes Live with Amended Professional Investor Rules
July 19, 2018Holding companies of existing qualified professional investors will gain status as professional investors; intermediaries must obtain confirmation that their shareholders are notified...
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85IndiaSEBI Proposes New Rules for Auditors, Other Fiduciaries
July 19, 2018Under the new proposals, fiduciaries providing false information in audit or valuation reports will face stringent penalties, including bans from securities markets...
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76Hong KongHK Exchange Publishes Structured Products Listing Guide
July 18, 2018Guide provides clearer framework and timelines to facilitate more efficient introduction of new structured products.
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72AML / KYC
SFC Provide Guidance on Online Client Onboarding
July 18, 2018Procedures to verify client identities include obtaining a digitally signed agreement and identity document copy, and the use of designated accounts in...
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51EnforcementMUFG Brokerage Unit Primary Dealer Status Suspended
July 17, 2018Dealer found to be manipulating prices in JGB futures trading, resulting in one-month suspension of the firm's primary dealer status for one...
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34Asia-PacificThailand to Expand Collateral Allowed for Margin Trading
July 16, 2018The SEC is consulting on allowing debt instruments, government securities, and mutual fund units as collateral for margin accounts at securities firms.
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38EnforcementJapan’s Higashi-Nippon Bank Under Fire for Lending Misconduct
July 16, 2018The bank falsified customers' financial records to boost loans, illicitly charged fees on loans in addition to interest, and used inappropriate financing...
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45ChinaChina Blocks Southbound Access to Dual-Class Stocks
July 16, 2018Shanghai and Shenzhen bourses release joint statement barring domestic investors from trading in foreign companies, stapled securities and stocks with weighted voting...
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35Fintech / RegtechS. Korea to Ease Rules on Cloud Storage of Customer Data
July 16, 2018FSC is expanding the types of information financial companies can store on cloud computing systems to include personal credit and identification information.
