Securities / Derivatives

Crypto / Digital Assets

UK to Launch Digital Securities Sandbox on 8 Jan 2024

By Editors | 20/12/2023

The sandbox will allow FMIs to test the use of new technology including DLT to operate trading venues and perform CSD activities.

Enforcement

Bursa Malaysia Fines Ten Serba Dinamik Directors for Listing Rule Breaches

By Sanday Chongo Kabange | 20/12/2023

Timely and accurate disclosure of financial statements and material information are fundamental obligations of listed companies, Bursa Malaysia said.

Securities / Derivatives

BSEC Sets New Deadline for Insider Trading Guidelines

By Ajoy K Das | 20/12/2023

The regulator had set a deadline but most listed companies failed to comply by the deadline seven months ago.

Market Infrastructure

SFC Reminds Market of Coming Changes to Position Limit Regime

By Mark Johnston | 20/12/2023

The SFC has published an FAQ and updated its guidance note to help market participants understand the amendments, which come into force on Friday.

Securities / Derivatives

Korea Unveils Details on New English Disclosure Requirements

By Mark Johnston | 20/12/2023

South Korea’s FSC unveiled details on its phased approach to mandatory English disclosures for listed companies in Korea.

Big Picture

FSB Reports Decline in Shadow Banking Assets

By Nithya Subramanian | 20/12/2023

The NBFI sector recorded a 2.9 per cent fall in financial assets in the sector, attributed to higher interest rates.

Enforcement

SFC Fines Brokerage for Breaching Financial Resources Rules

By Mark Johnston | 19/12/2023

Central Wealth Securities Investment made various accounting and calculation errors in its financial returns and had a liquid capital deficit for eight months.

Crypto / Digital Assets

IOSCO Finalises Policy Recommendations for DeFi

By Manesh Samtani | 19/12/2023

The policy recommendations for DeFi are intended to be complementary to and interoperable with IOSCO’s policy recommendations for crypto and digital assets markets.

AML / KYC

SEBI Simplifies Rules for Obtaining ‘Accredited Investor’ Status

By Ajoy K Das | 19/12/2023

Certain documentary requirements are removed, certification will be granted based solely on KYC and financial information, and the validity period is lengthened.