Securities / Derivatives

Korean Regulator Warns of Risks from Leveraged ETFs

03/09/2022

Three of the top ten overseas products purchased by Korean retail investors in H1 were highly leveraged ETPs which have lost 60 percent or more this year.

Australia Proposes Enhancements to Financial Advice Regime

02/09/2022

Superannuation trustees would also be able to provide personal advice to their members, and have discretion to decide how to charge for such advice.

Securities / Derivatives

New Guidance Issued on HKMA Funds Certification

02/09/2022

The guidance is intended to help funds and their auditors prepare the necessary reports needed to obtain carried interest tax concessions.

Capital / Liquidity

FSC Korea Ramps Up Scrutiny on Loan Loss Reserves

02/09/2022

Regulators will also prepare additional market stabilisation measures in case it becomes necessary to put them into operation quickly.

ESG / Sustainability

IOSCO Offers Guidance on Educating Investors About ESG

01/09/2022

Regulators should help investors better understand ESG certifications, labels and scores, and facilitate financial advisor anti-greenwashing training.

Enforcement

Australia: Grant Thornton Auditor Facing Criminal Charges

01/09/2022

The matter reportedly concerns revenue numbers signed off by Grant Thornton for booking in the half-year results of iSignthis Ltd in 2018.

ESG / Sustainability

Malaysia to Issue ESG Disclosure Guide for SMEs

01/09/2022

Regulators are also developing guidance on Malaysia’s taxonomy, exploring blended finance solutions, and developing a catalogue of climate risk data sources.

AML / KYC

Malaysian Court Convicts Wife of Najib Razak for Corruption

01/09/2022

Rosmah Mansor was convicted for taking bribes from a contractor in exchange for a government project to supply solar energy to rural schools.

Securities / Derivatives

China Launches First Affordable Rental Housing REITs

01/09/2022

The REITs started trading on Wednesday, after being more than 100 times oversubscribed among institutional investors two weeks earlier.