Securities / Derivatives

Enforcement

FSS Korea Sanctions Lotte Insurance for Poor Risk Management

By Mark Johnston | 20/02/2024

Lotte Insurance is asked to prepare a comprehensive liquidity management plan and strengthen its stress tests for alternative investments.

Securities / Derivatives

CSRC Solicits Suggestions on Improving Capital Market

By Editors | 20/02/2024

Market participants have called for strict control over IPO access and stronger supervision of listed companies.

Enforcement

JPMorgan to Pay $350m in Fines for Trade Surveillance Gaps

By Mark Johnston | 20/02/2024

The bank said certain trading and order data was not feeding into its trade surveillance platforms.

Securities / Derivatives

Philippine Exchange to Launch VWAP Trading on 1 March

By Sanday Chongo Kabange | 20/02/2024

Volume weighted average price (VWAP) trading enables investors to execute large orders without artificially inflating securities prices.

Market Infrastructure

SIFMA Backs Lawsuit Against SEC Over CAT Funding Model

By Mark Johnston | 19/02/2024

SIFMA and others say the SEC has unlawfully imposed “massive costs” on broker-dealers and investors by adopting a revised CAT funding model.

Capital / Liquidity

APRA Consults Again on Super Fund Financial Resources Rules

By Sanday Chongo Kabange | 19/02/2024

APRA’s new consultation proposes a “simpler approach” to its operational risk financial requirement (ORFR).

Securities / Derivatives

Japan to Allow Mutual Funds to Invest in Unlisted Shares

By Mark Johnston | 19/02/2024

The move will allow retail investors to buy into early stage startups, which will also gain access to more funding prior to an IPO.

Enforcement

Former Goldman Analyst Jailed in the UK for Insider Trading

By Editors | 18/02/2024

Mohammed Zina used sensitive information about deals Goldman was advising on to trade shares in six companies.

Market Infrastructure

MAS Issues Additional Guidance for New Derivatives Reporting Regime

By Manesh Samtani | 16/02/2024

New FAQs are provided to support implementation of the new OTC derivatives reporting regime, which comes into force in October.