Securities / Derivatives

Korea Mulls Curbs on Stock Market Speculation by Retail Investors

11/10/2023

Governor Lee Bok-hyun said the FSS is looking to crack down on leveraged buying by retail investors and margin call risks.

Enforcement

Singapore Court Sentences Ex-Wirecard Employee to Jail

11/10/2023

The former junior finance executive was sentenced to ten weeks in jail for helping a supervisor embezzle S$47,000.

Market Infrastructure

UPDATED – Japan Suffers Payment Clearing Network Disruption

11/10/2023

Zengin-Net restored its system in the early hours of Thursday (12 October). The FSA ordered the production of a detailed report of the incident.

AML / KYC

Singapore Police Working With Meta to Stop Scams – Report

11/10/2023

The police are working with Meta to terminate WhatsApp lines believed to be used in scams and remove suspicious ads on Facebook and Instagram.

APRA Seeks Increased Transparency on Super Fund Spending

11/10/2023

APRA wants to disclose super fund expenses for marketing, sponsorships, related parties, industry bodies, director and executive remuneration, and political donations.

ESG / Sustainability

ICMA Publishes Analysis of Greenwashing Risks

10/10/2023

ICMA says greenwashing is not prevalent in the sustainable bond market, but is an issue in the sustainable funds space.

AML / KYC

US SEC Adopts Shorter Deadlines for Reporting Beneficial Ownership

10/10/2023

Investors will be required to report in five days rather than ten days if they beneficially own more than 5 percent of a stock.

Capital / Liquidity

SEBI Imposes Capital Rule on Execution-only Mutual Fund Platforms

10/10/2023

Category-II EOPs will be required to maintain at least INR 1 million (USD 12,000)  in capital with the stock exchange.

ESG / Sustainability

Singapore Publishes Criteria for Acceptance of Carbon Credits

10/10/2023

Carbon credits from other countries can only be used by carbon tax-liable companies in Singapore if they fulfill seven eligibility criteria.