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.

Structural Regulation

US Launches Probe Into Legacy Chips Made in China

26/12/2024

The probe will examine the impact of Chinese-made legacy chips used in everyday household goods and the defence industry.

Supervision & Enforcement

China Refines Ratings Framework for Consumer Finance Companies

24/12/2024

Two rating dimensions have been added to the framework and the NFRA has optimised the classification levels.

Anti-Money Laundering

US SEC Fines Deutsche Bank Securities for Late SAR Filings

24/12/2024

The SEC said the firm took months or years to conduct or complete investigations prompted by law enforcement or regulatory requests.