Securities / Derivatives

Financial Transaction Taxes Disrupt Securities Markets: ASIFMA

19/06/2022

Financial transaction taxes tend to reduce stock prices, trading volume, liquidity, and overall market attractiveness.

Market Infrastructure

MAS Carries Out Cyber Resilience Exercise with French Regulators

19/06/2022

The joint exercise “fully confirmed” the ability of the MAS, BdF and ACPR to exchange and share information efficiently in times of crisis.

Crypto / Digital Assets

US SEC Probes Insider Trading Controls at Crypto Firms: Reports

19/06/2022

The SEC is reportedly seeking information about how crypto exchanges protect their users from insider trading on their platforms.

Securities / Derivatives

SEBI Enhances Cybersecurity Requirements for Asset Managers

19/06/2022

A new framework that took effect on 15 July requires AMCs to conduct cyber audits twice a year and report incidents within six hours of detection.

Securities / Derivatives

BSEC Prepares to Allow Loss-making Startups to List on Bourses

19/06/2022

Rule changes will allow loss-making companies to determine their offer price premium based on projected business growth.

Enforcement

Malaysia SC Charges Former Investment Banker for Deception

19/06/2022

The former Hong Leong investment banker deceived four investors into investing in investment schemes that in reality did not exist, the SC said.

Capital / Liquidity

Laos Increases Bank Reserve Requirement to Tackle Inflation

19/06/2022

The central bank also adjusted its base interest rate and announced plans to issue a 6-month savings bond that will pay 20 percent annualised interest.

AML / KYC

EBA Finalises Guidance for AML/CFT Compliance Officers

19/06/2022

The guidelines comprehensively address, for the first time at the EU level, the whole AML/CFT governance set-up at financial institutions.

Enforcement

Australia: Allianz, AWP Plead Guilty for Making False Statements

19/06/2022

Charges were filed against Allianz Australia Insurance and AWP Australia in February last year.