Securities / Derivatives

Mizuho to Launch Saudi-focused ETF for Japanese Investors

07/11/2024

Mizuho signed an MoU to collaborate with Saudi Arabia’s Public Investment Fund to launch an ETF which will track the FTSE Saudi Arabia Index.

Market Infrastructure

WFE Paper Calls for Risk Sensitive Approach to AI Regulation

06/11/2024

The paper says AI-driven systems in financial markets should be regulated using the same core principles that apply to existing technologies.

Crypto / Digital Assets

Hong Kong’s OSL Group Expanding to Japan via Acquisition

06/11/2024

OSL Group is acquiring an 81 percent stake in Japanese crypto exchange CoinBest, enabling it to enter the Japanese market.

ANZ Announces Organisational Changes to Streamline Operations

05/11/2024

ANZ CEO Shayne Elliot said the changes will provide “clearer accountabilities for operations” and will drive “consistency and predictability.”

Market Infrastructure

Nasdaq, Cboe Challenge SEC Amendments to Reg-NMS

01/11/2024

The amendments lower the cap on fees that exchanges can charge brokers for accessing the best displayed prices.

Fintech / Regtech

BOE Flags Potential Risks of GenAI for Financial Sector

01/11/2024

BOE’s Sarah Breeden suggested that stress tests be conducted to determine whether AI models could amplify market shocks.

ESG / Sustainability

Australia: Santos Faces Shareholder Lawsuit Over Net-Zero Claims

29/10/2024

The Australasian Centre for Corporate Responsibility says Santos’ emission reduction roadmap lacks credible foundation.

Enforcement

ASIC Annual Report Details Increasing Focus on Accountability, Enforcement

29/10/2024

In the 12 months ending June 2024, ASIC conducted 690 surveillance operations and 168 formal investigations, and filed 32 cases against 69 defendants.

Securities / Derivatives

Regulatory Review Finds Gaps in New Zealand’s DIMS Sector

28/10/2024

The review identified issues with disclosure practices, conflict of interest policies, and liquidity management at some discretionary investment management providers.