Enforcement

Hong Kong Court Jails Former China Taiping Agent for Fraud

30/09/2024

The former insurance agent received over HK$650,000 in remuneration for insurance policy applications that turned out to be falsified.

Market Infrastructure

HK to Advance Paperless Corporate Communications Regime

28/09/2024

Listed and non-listed companies will be allowed to rely on implied consent for disseminating corporate communications via websites.

Australia Consults on Further Revisions to Tax Agents Code of Conduct

26/09/2024

The revisions aim to address industry concerns about obligations to correct false or misleading statements and disclosures that must be made to clients.

Enforcement

ASIC Fines Macquarie for ‘Serious’ Gatekeeper Failure

26/09/2024

Macquarie was fined for failing to act promptly and appropriately to prevent manipulation in the electricity futures market.

Hong Kong FSDC, Beijing Financial Bureau Sign Collaboration Pact

26/09/2024

The pact seeks to nurture a conducive environment for growth and innovation for the Hong Kong and Beijing financial sectors.

Market Infrastructure

APRA Releases New Performance Metrics for Super Funds

26/09/2024

APRA seeks to improve member outcomes by bringing together performance metrics of the performance test and superannuation heatmaps.

Market Infrastructure

Digital Asset, DTCC Complete Pilot Test on Tokenised US Treasuries

26/09/2024

Digital Asset, DTCC and other industry project participants executed 100 transactions using tokenised US Treasuries as collateral.

Enforcement

Australian Court Orders Vanguard to Pay Record Greenwashing Fine

25/09/2024

The court ordered Vanguard to pay A$12.9mn for making false or misleading representations about its ESG exclusionary screens.

AFRC Identifies Gaps in Hong Kong Accounting Profession

18/09/2024

The AFRC has directed the HKICPA to improve its processes for developing and improving the quality of CPD training courses.