Securities / Derivatives

Enforcement

Former Archegos CFO Sentenced to 8 Years in Prison

By Thisanka Siripala | 04/02/2025

Former CFO Patrick Halligan played a key role in helping Archegos obtain loans and in concealing risks from counterparties and others.

Securities / Derivatives

SET Launches New Depositary Receipts based on HK-Listed ETFs

By Sanday Chongo Kabange | 04/02/2025

The SET has more than 50 DR products listed on its market, including six new DRs based on ETFs listed in Hong Kong.

Crypto / Digital Assets

Thailand to Pilot THB-Pegged Stablecoin in Regulatory Sandbox

By Nithya Subramanian | 03/02/2025

The stablecoin will be backed by THB 10 billion in government bonds to ensure price stability and prevent currency market fluctuations

Market Infrastructure

EU Extends Equivalence for UK CCPs for Three Years

By Mark Johnston | 03/02/2025

The extension will ensure financial stability and provide clarity to EU market participants, the European Commission said.

Securities / Derivatives

SEBI Extends Ban on Agri Derivatives Trading Until March 2025

By Nithya Subramanian | 03/02/2025

SEBI did not provide a reason for the extension or indicate whether the ban might be lifted after 31 March.

Securities / Derivatives

US SEC and CFTC Extend Form PF Compliance Deadline

By Thisanka Siripala | 03/02/2025

The SEC and CFTC acknowledged the industry burden and agreed that a three-month extension would help firms test and refine their reporting processes.

Securities / Derivatives

SEBI Bans Finfluencers from Using Live Market Data

By Nithya Subramanian | 03/02/2025

SEBI said stock market educators can only reference prices with a three-month delay, to prevent disguised investment advice.

Enforcement

FCA Issues First Fine for Reporting Failures Under UK MiFIR

By Thisanka Siripala | 03/02/2025

Infinox was found to have relied on a single individual to manually identify reportable financial instruments without adequate checks or scrutiny.

Securities / Derivatives

HSBC to Wind Down Investment Banking Operations in Europe, US

By Nithya Subramanian | 02/02/2025

The bank said in an internal memo that it will retain more focused M&A and equity capital markets capabilities in Asia and the Middle East