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Conduct, Culture & Accountability
SFC Fines Credit Suisse $2.8m over Research Reports
20/06/2019
Credit Suisse has been fined $2.8m for failing to disclose investment banking relationships and market making activities in research reports on Hong Kong-listed securities.
Trading & Investment
Vietnam Government Bond Futures Set for 4 July Launch
20/06/2019
Government bond futures will be the second derivatives market product launched by the Hanoi Stock Exchange since it started index futures in August 2017.
Structural Regulation
FSC, FSS Agree to Audit KRX, Disagree on Scope
20/06/2019
The FSS and FSC have agreed to conduct an audit of KRX by year end, though they disagree on its possible scope and comprehensiveness.
Liquidity Risk
CSRC, PBOC Ask Leading Brokers to Support Smaller Peers
19/06/2019
Nine leading brokerages and fund managers have reportedly been asked to provide liquidity support to smaller securities firms and funds to help ease cash shortfalls.
Trading & Investment
SEBI Allows Exchanges to Introduce Commodity Index Futures
19/06/2019
Following an earlier consultation paper, SEBI has approved the trading of commodity index futures on relevant local exchanges.
Cybersecurity
BNM to Set Up Cyber Threat Intelligence Platform
19/06/2019
BNM governor says the platform will strengthen the financial industry’s capabilities to respond to cyber threats and help create a safe environment for innovation.
Market Abuse
SSE Issues Rules to Curb Abnormal Trading on New Board
19/06/2019
The rules are aimed at preventing large market fluctuations, while maintaining market liquidity, the Shanghai Stock Exchange said.
Trading & Investment
HKEX Announces Launch of First Active ETF
19/06/2019
The introduction of active ETFs in Hong Kong is another step towards HKEX’s goal of becoming a hub for the issuance and trading of ETFs.
Structural Regulation
Korea to Develop New Benchmark Interest Rate
19/06/2019
The FSC and BOK have formed a task force to develop a new benchmark interest rate and improve the current method of calculating the existing benchmark.
Cybersecurity
IOSCO Urges Members to Review, Enhance Cyber Standards
19/06/2019
A new report from the IOSCO Cyber Task Force provides an overview of three internationally recognised cyber standards and frameworks used by IOSCO members.
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