Enforcement

MAS Penalises Former UOBKH Representative for False Trading

19/08/2022

The former UOB Kay Hian trading representative committed false and unauthorised trading for a client who was himself sentenced in March 2021.

Enforcement

Wirecard-related Charges Filed in Singapore, Philippines

18/08/2022

The charges in Singapore are for criminal breach of trust and money laundering. A bank official in the Philippines was indicted.

Securities / Derivatives

SEBI Loosens Overseas Investment Rules for AIFs, VC Funds

18/08/2022

Alternative investment and venture capital funds can invest in overseas companies even if they do not have an ‘Indian connection’.

AML / KYC

SEC Charges 18 for Manipulation Using Hacked Trading Accounts

18/08/2022

The hackers broke into at least 31 US retail brokerage accounts to buy stock to drive up prices and exit their positions at artificially high prices.

Securities / Derivatives

TWSE to Shorten Auction Interval for Odd Lot Trading

18/08/2022

The 3-minute auction intervals for intraday odd lot trading will be reduced to 1-minute intervals starting from 19 December.

Crypto / Digital Assets

ASX, Zerocap Complete Digital Asset Custody POC

18/08/2022

The project will support custody on Synfini, ASX’s new DLT-as-a-Service platform, for any tokenised asset, including crypto.

Market Infrastructure

HKEX to Drive Growth Through New Products, Listing Reforms

18/08/2022

HKEX reported its lowest interim profit since 2017, attributed mostly to investment losses and lower fees from securities trading and IPOs.

RBA to Establish Panel of Economists to Aid Policymaking

18/08/2022

The first meeting of the new panel is planned for 6 October, to discuss economic challenges and the appropriate role of forward guidance in monetary policy.

Enforcement

CSRC Probes China Merchants Securities Over 2014 Deal

18/08/2022

The investigation will impact any IPO applications being sponsored by China Merchants Securities.