Enforcement

South Korea Charges BNP Paribas for Naked Short Selling – Report

01/11/2024

BNP Paribas and Australian hedge fund Regal Funds Management have reportedly been indicted for violating Korea’s short-selling rules.

Enforcement

APRA Imposes Capital Charge on Pacific International Insurance

01/11/2024

APRA said it found oversight and control deficiencies in the insurer’s binder holder business and risk management framework.

Capital / Liquidity

PBOC Injects $70b into Banking System With New Policy Tool

01/11/2024

The new policy tool, launched earlier this week, allows the PBOC to inject liquidity with a longer term than the existing seven-day reverse repo.

Securities / Derivatives

Thailand: SEC, SET Sign MoU to Enhance Supervisory Cooperation

31/10/2024

The SEC and SET will collaborate on supervision, market monitoring, enforcement of laws, and issuing regulations.

Securities / Derivatives

RBI Updates Requirements for CCPs on Governance Arrangements

31/10/2024

The new directions for CCPs increase reliance on independent directors and raise the obligations of board-level technical committees.

AML / KYC

FATF Upgrades South Korea on R.8 in New Follow-up Report

31/10/2024

The report says Korea has addressed several deficiencies in its AML/CFT framework that will help prevent the abuse of NPOs.

Sanctions

Australia Completes Review of Autonomous Sanctions Framework

31/10/2024

Most submissions to the review supported proposals to streamline the legal framework, improve the permit application process, and legislate a humanitarian exemption.

Securities / Derivatives

HKEX to Allow Market Makers in Opening, Closing Sessions

31/10/2024

Market makers will be able to participate in the pre-opening and closing auction sessions for ETFs and leveraged and inverse products starting 1 November.

Sanctions

UK, EU, Canada Announce New Sanctions Targeting Myanmar Military

31/10/2024

The sanctions target those supplying aviation fuel to Myanmar’s military in response to airstrikes against civilians, as well as scam operations in the country.