Market Infrastructure

CSRC ‘Punishes’ Investor for Illegal Stock Connect Trading

21/11/2016

Regulator has recently warned of market manipulation; Shenzhen-HK link due to launch this month

AML / KYC

FSB Sets Out 2017 Agenda

18/11/2016

Upcoming reports and consultations cover correspondent banking, conduct and derivatives regulation.

Securities / Derivatives

SEBI Revises Insider Trading Rules

18/11/2016

Consolidated regulation aims to avoid conflicts of interest, abuse of power.

AML / KYC

Taiwan to Toughen AML Legislation

18/11/2016

Financial institutions will be required to set up dedicated AML/CTF units for the first time.

Market Infrastructure

CSRC Consolidates Control of Enforcement Bureau

18/11/2016

Regulator says move is continuation of efforts to enhance coordination and management.

JPMorgan Paying $264mn to Settle ‘Princelings’ Case

18/11/2016

US SEC says hiring of interns and other staff in Asia breached corruption act.

HK SFC Bans Ex-Deutsche Securities Trader

18/11/2016

Ban follows Korean order to repay $36.95mn of illegal profit from stock index trades.

Malaysia Restricts Offshore Ringgit Trade

17/11/2016

Central bank seeks commitment from banks not to trade non-deliverable forwards.

ASIC Fines Firm for Trading on Dead Client’s Account

17/11/2016

Securities firm fined USD150,000 for taking orders from unauthorised family member.