Securities / Derivatives

FSS Korea to Upgrade English Disclosure System for Capital Market

20/02/2024

FSS says the enhanced English electronic disclosure system will help to resolve the Korea discount and better serve foreign investors.

Australian Competition Tribunal Approves ANZ-Suncorp Merger

20/02/2024

ANZ and Suncorp welcomed the decision, while acknowledging that additional approvals are still needed to complete the deal.

Securities / Derivatives

Philippine Exchange to Launch VWAP Trading on 1 March

20/02/2024

Volume weighted average price (VWAP) trading enables investors to execute large orders without artificially inflating securities prices.

Capital / Liquidity

BOK Governor Discusses Measures to Prevent Digital Bank Runs

20/02/2024

Governor Rhee Chang-yong said the Bank of Korea is considering allowing NBFIs to use its lending facility.

Capital / Liquidity

APRA Consults Again on Super Fund Financial Resources Rules

19/02/2024

APRA’s new consultation proposes a “simpler approach” to its operational risk financial requirement (ORFR).

AML / KYC

Seven Arrested in Hong Kong’s Largest Ever Money Laundering Case

19/02/2024

The case involves a total of about HK$14 billion of suspected crime proceeds. HK$185 million in assets has so far been frozen or seized.

AML / KYC

SkyCity Facing NZ Court Proceedings for Alleged AML Failures

19/02/2024

The DIA alleges that SkyCity did not meet various obligations required under the AML/CFT Act.

Market Infrastructure

HKMA Sets Out Resolution Planning Expectations in New Guidance

17/02/2024

A new chapter has been added to the Code of Practice setting out the measures banks should have in resolution plans.

Enforcement

Korean Prosecutors Search HSBC, BNP Offices in Short Selling Probe

16/02/2024

The searches are part of a mandatory criminal investigation for violations of the Capital Markets Act.