Supervision & Enforcement

Australia Eyes Stronger Powers for ASIC

29/06/2017

The Australian Treasury issued a trio of proposals to enhance the enforcement powers of ASIC.

Market Abuse

Enforcement – ‘Market Manipulation’ in Australia and China

28/06/2017

ASIC says Macquarie Securities failed to escalate suspicions; China-based HFT to pay $101mn.

Clearing & Post-Trade

CPMI-IOSCO Open CCP Stress Testing Consultation

27/06/2017

Paper follows research on financial stability risks, FSB consultation on CCP resolution.

KYC & CDD

India Sweetens the P-Note Pill for Foreign Investors

27/06/2017

Eased rules for fund managers, private banks to compensate for crackdown on offshore derivatives.

Market Abuse

HK SFC to Review Short-selling Rules

27/06/2017

Top financial services and treasury official says eyeing market activity, global regulatory developments.

Structural Regulation

Korea Proposes to Make Agencies Liable for ‘Defective Ratings’

26/06/2017

Korea’s FSC (financial Supervisory Commission) proposed to make rating agencies liable for damages if they produce “defective ratings” on listed […]

Trading & Investment

Korea Introduces Derivatives, Bond Omnibus Accounts

26/06/2017

Move allows foreign investors to conduct multiple transactions through a single account with a global firm.

Structural Regulation

Singapore to Permit Bank Acquisitions of Fintech Companies

26/06/2017

Revised comingling rules would allow lenders to invest up to 10% of capital funds in non-financial businesses.

Conduct, Culture & Accountability

HKFE, SFC Fire off Conduct Warnings to Brokers

23/06/2017

A range of compliance and control issue failures uncovered at securities brokers in Hong Kong has prompted the SFC (Securities […]