Securities / Derivatives

Enforcement

US SEC Fines JP Morgan for Impeding Potential Whistleblowers

By Nithya Subramanian | 17/01/2024

The firm’s securities unit has been fined USD 18 million for disallowing clients from contacting the SEC.

Capital / Liquidity

BIS Launches Consultation on Improving CCP Margin Requirements

By Nithya Subramanian | 17/01/2024

The report prepared by BCBS, CPMI and IOSCO has called for enhanced information sharing, better governance frameworks and greater transparency.

Securities / Derivatives

Tokyo Bourse Names Firms With Capital Efficiency Plans

By Editors | 16/01/2024

The list is intended to “name and shame” companies that don’t disclose plans to increase their capital efficiency

Securities / Derivatives

Malaysia to Exempt Unit Trusts from CGT, FSI Tax

By Editors | 16/01/2024

The exemption on CGT is effective until 31 Dec 2028. The exemption on FSI is effective until 31 Dec 2026.

Securities / Derivatives

Bursa Malaysia Launches Transition to “Multi-asset Exchange”

By Manesh Samtani | 16/01/2024

Bursa Malaysia launched a gold trading platform, a new customer portal, and a new platform to connect investors directly with dealer representatives.

Securities / Derivatives

SFC Defers Margin Requirements for Non-Centrally Cleared Equity Options

By Sanday Chongo Kabange | 16/01/2024

The SFC is delaying margin requirements for non-centrally cleared equity options to align with the UK and EU’s timelines.

Market Infrastructure

HKEX Holiday Trading to Include Currency Futures, Options from 29 March

By Sanday Chongo Kabange | 16/01/2024

HKEX will include currency futures and options in derivatives holiday trading starting from 29 March 2024.

Securities / Derivatives

Beijing Stock Exchange Commences Corporate Bond Trading

By Nithya Subramanian | 16/01/2024

Three bonds raised a combined CNY 2.48 billion; enterprise bond trading on the BSE is expected to broaden China’s capital markets.

Enforcement

Korea Confirms Illegal Short Selling by Two More Global Banks

By Editors | 15/01/2024

The FSS said it has confirmed that two investment banks submitted naked short selling orders worth a combined KRW 54 billion.