Editors

    image

    Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com

    Articles by Editors

    AML / KYC

    Credit Suisse Settles Charges Over Mozambique ‘Secret Debt’

    20/10/2021

    Transactions that raised over $1bn were used to “perpetrate a hidden debt scheme”, pay kickbacks to investment bankers, and bribe government officials.

    Market Infrastructure

    LCH Expands Eligible Collateral to Include SGD Securities

    20/10/2021

    LCH says accepting SGD collateral will be an important tool for improving liquidity management and optimising margin costs.

    AML / KYC

    India, US Pledge to Take Stronger Action Against Financial Crime

    20/10/2021

    Indian finance minister Nirmala Sitharaman and US treasury secretary Janet Yellen also pledged to further engage on climate change.

    Enforcement

    Australian Court Fines Colonial First State for Misleading Members

    19/10/2021

    The court said Colonial First State Investments engaged in a 26-month “concerted campaign” that sought to take advantage of members.

    FMA Sets Target Dates for Financial Advice Licensing

    19/10/2021

    Transitional licences under the new financial advice regime will expire on 16 March 2023. Providers are asked to apply for full licences ahead of time.

    Enforcement

    NZ FMA Censures Jarden Securities for Client Money Breaches

    19/10/2021

    OM Financial, which amalgamated with Jarden in March 2021, transfered its own money into the trust account designated to hold investor money.

    Securities / Derivatives

    Tokyo Stock Exchange Plans to Extend Trading Hours – Report

    18/10/2021

    Japan’s trading day runs for just five hours each day, an outlier among major markets. The bourse will reportedly propose a 30-minute extension.

    Enforcement

    SFC Penalises IPO Sponsor Over Substandard Due Diligence Work

    18/10/2021

    Ample Capital Limited failed to conduct adequate due diligence on suspicious cash settlements and to keep proper records of its due diligence work.

    Securities / Derivatives

    HKEX Launches First China A-Share Futures Contract

    18/10/2021

    The contract is based on the MSCI China A 50 Connect Index, which tracks the performance of 50 key Shanghai and Shenzhen stocks available via Stock Connect.

    Securities / Derivatives

    Goldman Approved to Take Full Ownership of China Securities Unit

    18/10/2021

    Goldman Sachs becomes just the second US bank to gain full ownership of its Chinese entity, after JP Morgan in August.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team