Securities / Derivatives

Enforcement

SGX Lifts Moratorium on UOBKH Following Remedial Actions

By Nithya Subramanian | 18/10/2024

UOBKH is now allowed to resume acting as an issue manager or full sponsor for new IPOs and reverse takeovers on SGX.

Market Infrastructure

DSB Says Australia, Singapore Ready for UPI Reporting

By Editors | 18/10/2024

Australia and Singapore will go live with UPI reporting requirements for OTC derivatives transactions starting from 21 October.

Securities / Derivatives

SEBI Speeds Up Availability of Sale Proceeds for FPIs

By Mark Johnston | 18/10/2024

Tax certificates for FPI sale trades will be issued faster, enabling FPIs to access sale proceeds for repatriation or reinvestment on settlement day.

Securities / Derivatives

China Launches Two New Facilities to Boost Stock Market

By Manesh Samtani | 18/10/2024

A new swap facility provides funding for securities firms, funds and insurers to invest in stock. A new relending facility will finance stock repurchases.

Enforcement

SFC Opens Insider Trading Case Involving 2020 PayPal Acquisition

By Sanday Chongo Kabange | 17/10/2024

The SFC is pursuing the chairman of a HK-listed company that held shares in PayPal’s acquisition target.

Enforcement

CFTC Fines Singapore’s Olam Group for Late Reporting of Cotton Sales

By Nithya Subramanian | 30/09/2024

The CFTC said Olam’s failure to promptly report the sales resulted in the publication of inaccurate and misleading information by the USDA.

Enforcement

US SEC Fines 13 Firms, 10 Individuals for Delaying Stock Disclosures

By Nithya Subramanian | 30/09/2024

Goldman Sachs, Oaktree Capital, Bank of Nova Scotia and Alphabet Inc were among those fined for failing to provide timely information on stock holdings and transactions.

Enforcement

Japan to Penalise Nomura Securities for JGB Futures Manipulation

By Editors | 30/09/2024

In the aftermath of a penalty recommendation from the SESC, at least four companies have removed Nomura Securities from their lists of bond managers.

Market Infrastructure

HKMA, SFC Finalise Details for New Derivatives Reporting Regime

By Manesh Samtani | 29/09/2024

The UTI, UPI, CDE, LEI and ISO 20022 will be required under Hong Kong’s OTC derivatives reporting regime from 29 September 2025.