Securities / Derivatives

FSB Issues Guidance on Implementing SFT Data Standards

13/04/2021

The FSB has published FAQs to help national authorities implement the SFT Data Standards to facilitate global collection and aggregation of SFT data.

Enforcement

SEBI Fines Yes Bank, Three Others for Mis-selling AT1 Bonds

13/04/2021

SEBI says Yes Bank misled individual investors into buying risky AT1 bonds and did not inform them of the risks involved or conduct risk profiling.

Enforcement

Australian Charged With Insider Trading Over Diamond Discovery

13/04/2021

The man traded while in possession of inside information relating to a diamond discovery by Lonrho Mining in Africa in 2012.

Enforcement

Singapore: Former Banker Admits to Cheating Seven People

12/04/2021

Han Delong worked for UOB between August 2014 and December 2015, and for OCBC between March 2016 to January 2017.

Enforcement

ASIC Seeks Penalties from Westpac Over Credit Insurance Sales

12/04/2021

ASIC says Westpac debited premiums for consumer credit insurance from customers who did not agree to purchase the products.

AML / KYC

SEC Thailand Allows Crypto Exchange Bitkub to Resume Services

12/04/2021

Bitkub has been allowed to resume accepting new clients. A warning was issued against Binance. Huobi was ordered to suspend services.

Securities / Derivatives

PBOC Researchers Call for Establishment of Yuan Futures Market

11/04/2021

Offshore RMB rates are becoming increasingly influential, suggesting that they will play an even bigger role in pricing in future.

China Issues Largest Ever Antitrust Fine Against Alibaba

11/04/2021

The 18bn yuan penalty is the highest antitrust fine ever to be imposed in China, equivalent to 4% of Alibaba’s 2019 revenues.

Market Infrastructure

BOT to Prohibit THBFIX-based Transactions from 1 July

11/04/2021

New transactions based on THBFIX including loans, bonds, and structures notes must stop from 1 July 2021.