PEPs & Sanctions

US Extends Sanctions on HK Officials for Five More Years

27/12/2024

The Hong Kong government said the sanctions will ultimately harm the interests of the US and its companies.

Structural Regulation

Bursa Malaysia Proposes Move to Electronic CDS Statements

27/12/2024

From Q1 2025, hard-copy securities account statements will only be available at a fee or under exceptional circumstances.

Conduct, Culture & Accountability

AFRC Fines BDO and Two Partners for Audit Failures

27/12/2024

The AFRC said BDO’s history of non-compliance suggests a “tendency of repeated failures to comply with auditing and professional standards”.

Market Data & Technology

KRX, KSD Sign MOU to Establish Information Sharing System

27/12/2024

The information sharing system will help both organisations automate tasks and speed up the issuance and listing of securities.

Structural Regulation

NZX Updates Rules on Director Independence

26/12/2024

Issuers wlll have to explain not only that a director is independent, but also why any potential conflicts identified were not disqualifying.

Conduct, Culture & Accountability

Australia Court Rules Against CFD Firms in Landmark Ruling

26/12/2024

The Court for the first time found that a licensee breached the law by offering services to customers outside of the country.

Conduct, Culture & Accountability

HKMA Streamlines Audio-recording Requirement for Investment Sales

26/12/2024

HKMA circular covers the use of video conferencing and other digital tools to conduct investment transactions of retail banking customers.

Operational Risk

China Issues New Asset Management Guidelines for Insurers

26/12/2024

The guidelines are intended to improve how insurance investments are regulated and improve their resistance to risks.

Capital Adequacy

US Fed Proposes Changes to Bank Stress Testing Framework

26/12/2024

Five US banking lobby groups filed a lawsuit a day later to force the Fed to increase transparency of its stress testing framework.