Structural Regulation

SFC, HKEX Fine HSBC Securities for Regulatory Breaches

04/03/2022

The firm made errors when assigning BCANs to clients. It also oversold China securities due to deficiencies in its order management and algorithmic trading systems.

Trading & Investment

Cambodia Securities Exchange Launches New Mobile Trading App

04/03/2022

The mobile app will help promote the growth of trading and liquidity in Cambodia’s securities market, said CSX chief Hong Sok Hour.

Trading & Investment

SEBI to Allow FPIs to Access Commodities Derivatives Market

03/03/2022

SEBI proposes to scrap rules that require foreign investors to have actual commodity exposure to participate in the exchange-traded commodity derivatives market.

Clearing & Post-Trade

BSEC Plans to Transition Stock Market to T+2 Settlement

03/03/2022

BSEC is working on the technical aspects of the change, which will likely be implemented in phases, starting with blue-chip stocks.

Tokenisation

SET to Launch Digital Asset Exchange ‘Very Soon’

03/03/2022

The new digital asset exchange will not offer cryptocurrency trading, but instead focus on investment tokens and utility tokens.

Trading & Investment

JSDA Proposes Measures to Improve IPO Pricing Mechanism

03/03/2022

JSDA proposes to allow brokers greater flexibility in IPO price-setting, and to allow prices to exceed pre-set bands if demand is strong.

Fraud, Scams & Cybercrime

Thai Police, Banks Launch New Centre for Reporting Cybercrime

03/03/2022

The new platform is expected to reduce waiting times at police stations and help banks to cancel fraudulent financial transactions more quickly.

Conduct, Culture & Accountability

Bursa Malaysia Launches New Initiative to Boost Appeal of PLCs

02/03/2022

Five digital guidebooks will be issued in 2022, to help publicly listed companies adopt best practices in areas such as governance and sustainability.

Anti-Bribery & Corruption

SFC Permanently Bans Ex-HSBC Employee Over Bribery Convictions

02/03/2022

The former vice president accepted gifts as inducements to handle credit applications and maintain the credit facilities for two companies controlled by a client.