Market Data & Technology

IOSCO Consults on Fair and Equitable Access Market Data

06/12/2020

Market participants in many jurisdictions have raised concerns about the content, costs, accessibility, fairness and consolidation of market data, IOSCO says.

Fraud, Scams & Cybercrime

Seoul Court Jails Daishin Securities Executive Over Fund Losses

06/12/2020

The FSC has also revoked the registration of Lime Asset Management, imposed a 950mn won fine against the firm and ordered the suspension of its staff and executive personnel.

Anti-Money Laundering

Australia Throws Out Bill to Criminalise Cash Payments Over A$10,000

06/12/2020

The bill would have imposed a fine of up to A$25,500 and two years’ jail for cash payments exceeding A$10,000. The bill is now “officially dead”, according to one senator.

Clearing & Post-Trade

Malaysia Completes First Physical Delivery of MGS Futures Contract

04/12/2020

The most from cash settlement to physical delivery of the 5-Year Malaysian Government Securities Futures Contract was announced in September.

Trading & Investment

Macquarie to Set Up Electronic FX Trading Infrastructure in Singapore

04/12/2020

Macquarie’s FX pricing hub will strengthen Singapore’s proposition as a global FX price discovery and liquidity centre, said MAS executive director Lim Cheng Khai.

Trading & Investment

TWSE, TPEx to Launch New Trading Boards With Easier Listing Rules

03/12/2020

TWSE’s board will set a lower market cap requirement and no profitability requirement. TPEx’s board will allow companies to apply if they are recommended by two securities firms.

Clearing & Post-Trade

Taiwan Futures Exchange Granted QCCP Status

03/12/2020

TAIFEX says the QCCP status will help attract more foreign and institutional investors to participate in Taiwan’s futures market.

Clearing & Post-Trade

ASX to Enhance Framework on Client Money Obligations

03/12/2020

ASX will require daily reconciliation of individual client trust account balances, prescribe a standard format for trust reconciliations, and enhance reporting requirements.

Stablecoins

Libra Association to Launch Scaled-down Digital Currency in January

03/12/2020

The launch date depends on regulatory approval from FINMA, expected as early as January. A new name has been adopted for the association and the digital currency.