Securities / Derivatives

Thailand Revises Rules on Short Selling, Algorithmic Trading

26/06/2024

The revised rules introduce the uptick rule and a registration requirement for HFT investors, among other measures, effective from 1 July.

AML / KYC

BSP Issues New Guidance on Beneficial Ownership Due Diligence

25/06/2024

The paper is intended to help FIs in benchmarking best practices and calibrating their policies, systems, processes and controls.

Hong Kong Revises Banking Code of Practice for Marketing Calls

25/06/2024

The code sets out limits on the frequency of person-to-person marketing and confines the hours of making such calls, among other revisions.

AML / KYC

HKMA Issues Guidance for Banks on Handling ‘Bogus’ Calls

25/06/2024

The HKMA has directed banks to review and step up measures to protect consumers from “bogus” telephone calls purporting to be from banks.

Crypto / Digital Assets

Hong Kong Seeks to Lures Canadian Tech Startups to City

22/06/2024

Hong Kong officials are calling on crypto, fintech and Web3 startups from Canada to set up in the city.

Market Infrastructure

HKEX to Introduce Measures to Boost Stock Connect – Report

21/06/2024

New chair Carlson Tong said HKEX will introduce more measures to boost market turnover and new listings.

Enforcement

Hong Kong SFC Suspends Ex-PICC Investment Manager

21/06/2024

The former investment manager failed to properly manage the risks of the fund, including liquidity and concentration risks.

NZ FMA Issues New Auditor Regulation and Oversight Plan

21/06/2024

By ensuring a high standard of auditing we aim to increase investor confidence in the quality of the audited financial statements of reporting entities, the FMA said.

ESG / Sustainability

Australia Publishes New Sustainable Finance Roadmap

20/06/2024

The roadmap says mandatory climate-related financial disclosure requirements will commence for large companies and FIs from 1 January 2025.