Securities / Derivatives

Thai SEC to Relax Rules on Mutual Fund Advertising

05/04/2022

The changes are being made to reduce regulatory burden and minimise duplication of regulations, the SEC said.

Enforcement

ASIC Launches Federal Court Proceedings Against Macquarie

05/04/2022

ASIC says Macquarie failed to properly detect and prevent unauthorised fee transactions by now-convicted former financial adviser, Ross Andrew Hopkins.

Fintech / Regtech

PBOC to Expand CBDC Pilot to Additional Chinese Cities

05/04/2022

The e-CNY has been tested in ten cities. The PBOC will extend the pilot to additional cities including Hangzhou, which will host the Asian Games in September.

Fintech / Regtech

Australian Banks Get More Time for Joint Account Data Sharing

05/04/2022

Non‑major Australian banks are being given an additional three months to commence sharing of joint account data.

Market Infrastructure

UK Regulators to Review LME’s Handling of Nickel Disruption

05/04/2022

The FCA will review LME’s approach to managing the suspension and resumption of the nickel market, while the BOE will review LME Clear.

Securities / Derivatives

Korea Transitions MMFs to Mark-to-Market Valuation

05/04/2022

MMFs will still be allowed to use the book value method if more than 30 percent of their assets are ‘stable assets’, the definition of which has been expanded.

Market Infrastructure

Singapore CSA Developing Technical Reference on Cybersecurity

05/04/2022

The Technical Reference will provide guidance on the adoption of tiered cybersecurity measures to address the different risk profiles of enterprises.

Securities / Derivatives

HKEX Publishes Testing Guidelines for HKIDR Implementation

04/04/2022

HKEX has published testing guidelines for market participants and intermediaries ahead of the implementation of the new investor identification regime.

Enforcement

Former CSRC Official to Face Criminal Charges for Taking Bribes

04/04/2022

The former official accepted gifts, money, shares of companies, luxury goods and other personal benefits as bribes while he was tasked with reviewing IPO applications.