Trading & Investment

ASIC Penalises Morrison Securities for Mishandled Client Orders

24/06/2023

Inadequate controls led to orders being erroneously directed to Chi-X rather than ASX, resulting in market integrity rule breaches.

Structural Regulation

FSC Korea Approves Financial Hub Development Plan

23/06/2023

The financial hub development plan outline measures the FSC will undertake to promote financial hubs in South Korea.

Payments & Settlements

RBA Consults on Options for Enhancing Debit Card Market

23/06/2023

The RBA seeks to prevent any one debit network from being given routing priority at issuance for domestic transactions.

Structural Regulation

FSC Korea Designates KOFIA as CD Rate Administrator

23/06/2023

With KOFIA designated as the administrator, the CD rate will begin to have legal effect as a critical benchmark rate starting on 2 October.

Fraud, Scams & Cybercrime

CFTC Files Charges in First Romance Scam Case Involving Crypto

22/06/2023

The CFTC says it is the first time it is handling a romance scam case involving digital asset commodities and forex.

Structural Regulation

Korea Set to Update Rules to Support Overseas Expansion by Financial Firms

22/06/2023

The FSC said its regulatory overhaul will make it easier for Korean financial firms to acquire, establish, invest in, and operate overseas subsidiaries.

Anti-Money Laundering

Indonesia OJK Issues New AML/CFT/CPF Regulations

22/06/2023

OJK’s Mahendra Siregar said the new regulations are aligned with the FATF standards, and will help Indonesia become a FATF member.

Trading & Investment

Korea Adopts Two Prong Approach to Boost Tech Listings

21/06/2023

Regulators will run a month-long roadshow promoting stock listings by tech firms, and work to enact further facilitative rule changes.

Market Abuse

SEBI Punishes 135 Entities Over Stock Manipulation Scheme

21/06/2023

SEBI fined 135 entities and barred them from accessing the securities market over a stock manipulation scheme.