Securities / Derivatives

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    Enforcement

    US SEC, CFTC Announce $470m in New Fines in WhatsApp Probe

    By Manesh Samtani | 15/08/2024

    Since 2021, the SEC and CFTC have issued more than $3.3bn in penalties for record-keeping failures involving messaging platforms.

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    Crypto / Digital Assets

    Eurex Expands Crypto Derivatives Suite to Include Ethereum

    By Editors | 15/08/2024

    Eurex has launched Ethereum futures and options, adding to its crypto derivatives portfolio which has so far only covered Bitcoin.

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    Securities / Derivatives

    Foreign Firms in China Struggle to Meet Demand for Overseas Assets

    By Manesh Samtani | 14/08/2024

    The high demand is reportedly causing foreign firms in China to ration their QDII quotas. Meanwhile, the QDLP programme is under fresh scrutiny from regulators.

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    Securities / Derivatives

    Korea on Track to Launch New ‘Value-Up Index’ Next Month

    By Manesh Samtani | 14/08/2024

    New FSC Chairman Kim Byoung-hwan said the new index will launch “without a hitch” in September and related ETFs in Q4 this year.

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    Enforcement

    ASIC Commences Legal Action Against ASX Over Misleading Statements

    By Sanday Chongo Kabange | 14/08/2024

    ASIC alleges that ASX’s claims in February 2022 that the CHESS replacement project was tracking to plan were “misleading and deceptive”.

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    Securities / Derivatives

    SEBI Denies Allegations of Conflict of Interest in Adani Probe

    By Ajoy K Das | 14/08/2024

    Hindenburg Research said SEBI has slow-walked a probe into the Adani Group because of its links to the regulator’s chairperson.

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    Securities / Derivatives

    MAS Publishes Compliance Toolkits for LFMCs and VCF Managers

    By Nithya Subramanian | 14/08/2024

    The compliance toolkits offer fund managers guidance on approvals, notifications and other regulatory submissions.

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    Enforcement

    Korea FSS Issues Warning to Hanwha Investment & Securities

    By Nithya Subramanian | 13/08/2024

    Hanwha Investment & Securities allegedly concealed the findings of a 2018 internal audit that found forged balance statements.

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    Market Infrastructure

    PBOC to Increase Bond Trading in Open Market Operations

    By Manesh Samtani | 13/08/2024

    The PBOC and CSRC are trying to deter regulated firms from investing in long-dated treasury bonds to cool a bond market rally and put a floor under yields.

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    Crypto / Digital Assets

    The Path Forward: Making Tokenisation a Reality in Singapore

    By Justin Christopher | 13/08/2024

    Justin Christopher discusses the importance of robust collaboration between businesses and regulators, and aspects of DLT that are often overlooked.

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