Enforcement

Korea FSS Fines Woori Over Fresh Embezzlement Case

13/11/2023

Woori’s latest embezzlement case involves an employee who stole over KRW 200 million from the bank.

Securities / Derivatives

HKEX Shines Spotlight on HK’s Role as Fundraising Hub

12/11/2023

New report from HKEX discusses Hong Kong’s listing regime, further planned enhancements, and why international companies should choose to list in the city.

AFCA Consults on Approach to Complaints Involving Advisers, MIS

07/11/2023

The consultation sets out how AFCA will determine compensation for investors affected by managed investment schemes that fail or become insolvent.

Market Infrastructure

RBNZ Consults on New Policy for Branches of Overseas Banks

07/11/2023

This is the RBNZ’s third consultation regarding its planned new policy for branches of overseas banks.

Securities / Derivatives

Some Issuers Were Overcharged for Annual Listing Fees: HKEX

07/11/2023

HKEX is contacting issuers that were overcharged to arrange refunds. It does not plan to claim back any of the undercharged fees.

Enforcement

ASIC Files First Lawsuit for Non-compliance With IDR Regime

07/11/2023

ASIC says Telstra Super did not respond to more than 100 complaints within the 45 days required under the new internal dispute resolution regime.

AML / KYC

AUSTRAC Explains AML/CTF Considerations of Data Breaches

05/11/2023

Regulated entities should review their risk assessments to ensure they reflect the increased ML/TF risks that could arise from a data breach.

AML / KYC

ASIC Shuts Off Access to 2,500 Scam and Phishing Websites

03/11/2023

ASIC has a new website takedown service to remove or limit access to fraudulent and malicious websites on the internet.

ESG / Sustainability

Australia Consults on New Sustainable Finance Strategy

03/11/2023

The strategy includes plans to develop a fund-labelling regime for sustainable investment products and explore nature-related disclosures.