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Securities / Derivatives
FINRA Fines BofA & Merrill Lynch $3m for Surveillance Failures
By Nithya Subramanian | 04/09/2024
FINRA said the parameters of the surveillance systems were set too narrowly, leading to failures to detect potentially manipulative trading.
ESG / Sustainability
Bursa Malaysia Receives SBTi Validation for Net Zero Targets
By Editors | 04/09/2024
Bursa Malaysia is the first exchange in Asia to have SBTi validation for both its near- and long-term emission reduction targets.
ESG / Sustainability
Chinese Issuers Increasingly Adopting CGT in Green Bond Issuances
By Manesh Samtani | 04/09/2024
As of 31 July, 325 green bonds aligned with the China-EU Common Ground Taxonomy have been issued in China’s interbank market.
Capital / Liquidity
Japan FSA to Strengthen Monitoring of Financial Institutions
By Thisanka Siripala | 04/09/2024
The FSA’s priorities include a stronger focus on corporate governance, risk management, and the asset management reforms.
Securities / Derivatives
SFC Issues Licensing Guidance for Visiting and Returning Professionals
By Sanday Chongo Kabange | 03/09/2024
The SFC provides guidance on licensing options for professionals visiting and returning to Hong Kong to conduct regulated activities.
Securities / Derivatives
Tokyo Bourse Secures New Partners for ‘TSE Asia Startup Hub’
By Nithya Subramanian | 03/09/2024
Malaysia’s VentureTECH is among the firms participating in the TSE initiative, which seeks to attract IPOs from across the region.
Securities / Derivatives
SEBI Proposes to Update Record Keeping Requirements
By Ajoy K Das | 03/09/2024
SEBI proposes to make it mandatory for regulated entities to maintain records of communications for a minimum eight years.
Enforcement
Korean Courts Overturn Two FSC Penalty Decisions
By Editors | 03/09/2024
A KRW 669.1 million fine against Shinhan Investment Corp and a KRW 1 billion fine against Kepler Cheuvreux were overturned.
Market Infrastructure
Deadline Fast Approaching for New Trade Reporting Rules in Australia and Singapore
By Manesh Samtani | 03/09/2024
DTCC, MAS and ASIC are calling on market participants to accelerate testing efforts to ensure readiness for new reporting rules that go live on 21 October.
Securities / Derivatives
HKEX Launches Weekly Options on Hang Seng TECH Index
By Sanday Chongo Kabange | 03/09/2024
In November, HKEX will also launch weekly options on stocks including HSBC Holdings, Alibaba, Tencent Holdings and BYD.
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