Enforcement

Australia: ABN AMRO Penalised Over Block Trading Rule Breach

08/09/2022

ABN AMRO Clearing Sydney registered ASX SPI 200 Futures block trades that included split allocations below the Minimum Value Threshold.

Securities / Derivatives

Tokyo Bourse to Allow First Active ETF Listings by Mid-2023

08/09/2022

The TSE is reportedly looking to modify a rule which currently only permits index-linked (passive) ETFs to be listed on the exchange.

Australian Treasury Commences Review of Superannuation Reforms

08/09/2022

Australia’s Treasury said it is looking to identify unintended consequences and implementation issues arising from the YFYS laws passed in 2021.

Fintech / Regtech

Korea to Launch KRX-Operated Digital Securities Market

07/09/2022

Security token guidelines will be published in Q4 2022, and rule changes will be made next year to establish a system for issuance and distribution.

Securities / Derivatives

China Raises Bar for Sponsors to Ensure Fair IPO Pricing

07/09/2022

Investment bankers engaged in IPO deals are prohibited from discussing earnings estimates and valuations with analysts, to ensure their independence.

AML / KYC

UK OFSI Updates Sanctions Guidance to Include Crypto

07/09/2022

Crypto firms are directed to freeze assets of targets listed under the Consolidated List and report suspected sanctions breaches to the OFSI.

Securities / Derivatives

CSRC Green Lights Launch of New ETF Options in China

07/09/2022

ChiNext Board ETF options will list in Shenzhen, while CSI 500 ETF options will list in both Shanghai and Shenzhen.

Securities / Derivatives

Big Four Auditor Facing HK Lawsuit Over Chinese Audit

07/09/2022

The liquidator of a now-collapsed Chinese biotech firm said the auditor could have easily exposed fraud by asking obvious questions.

AML / KYC

Singapore Police Opens New Anti-Scam Command Office

07/09/2022

The opening of the ASCom office was officiated by Minister for Communications & Information Josephine Teo.