Securities / Derivatives

SFC Defers Margin Requirements for Non-Centrally Cleared Equity Options

16/01/2024

The SFC is delaying margin requirements for non-centrally cleared equity options to align with the UK and EU’s timelines.

Market Infrastructure

HKEX Holiday Trading to Include Currency Futures, Options from 29 March

16/01/2024

HKEX will include currency futures and options in derivatives holiday trading starting from 29 March 2024.

Enforcement

US SEC, DOJ Settle Morgan Stanley Block Trading Probe

15/01/2024

Morgan Stanley agreed to pay more than USD 249 million to settle fraud charges and for failing to enforce information barriers.

ESG / Sustainability

Australia Proposes Legislation to Introduce Climate Reporting Reforms

15/01/2024

The commencement date for the largest entities to file sustainability reports based on standards issued by the AASB is 1 July 2024.

AML / KYC

SC Malaysia Charges Three for Money Laundering Offences

15/01/2024

The three individuals face a combined 28 money laundering charges over illegal proceeds totalling MYR 283.5 million.

Enforcement

IA, HKMA Take Joint Enforcement Action Against Insurance Agent

12/01/2024

The agent was suspended and fined for keeping gift vouchers that were intended to be given to clients as gifts.

Fintech / Regtech

BSP Grants Direct PhilPaSSplus Access to First Nonbank EMI

12/01/2024

OmniPay’s direct access to PhilPaSSplus allows it to make efficient and low-risk funds transfers using central bank rails.

Securities / Derivatives

HKEX to Support More Mainland Firms to List in Hong Kong

11/01/2024

Under the MoU, HKEX will support Xi’an-based companies that are interested in seeking a listing in Hong Kong.

Enforcement

SFC Issues New Alert on Suspicious Real Estate Investment Products

10/01/2024

The SFC has warned the public to be wary of Kaplink 006 Limited and Kaplink 007 Limited, involving real property development projects in Australia.