Securities / Derivatives

Enforcement

SFC, HKEX Jointly Take Action Against GEM-Listed Firm

By Sanday Chongo Kabange | 06/03/2024

Two former directors misappropriated assets by paying an IPO consultant who subsequently rerouted the funds back to the directors.

Enforcement

RBI Imposes Restrictions on Systemically Important NBFC

By Ajoy K Das | 06/03/2024

The RBI said JM Financial Products “repeatedly” helped customers bid for IPO and NCD offerings using loaned funds, in violation of the regulations.

Securities / Derivatives

China: Major Insurers Ready to Invest in Stock Market

By Editors | 06/03/2024

China Life Insurance and New China Life Insurance have finished setting up a new fund that will be used to invest in and support the stock market.

AML / KYC

Australia: NASC Warns of Deepfake Celebs Promoting Scams

By Sanday Chongo Kabange | 06/03/2024

Fake news articles and deepfake videos are being used to convince people to make online investments that turn out to be scams.

Securities / Derivatives

CSRC Grants New Approval to Morgan Stanley Securities Unit

By Editors | 06/03/2024

The approval allows Morgan Stanley Securities (China) to engage in securities investment consulting and proprietary securities business.

Big Picture

Japan’s Market and Corporate Reforms – New Dawn or Déjà Vu?

By Gavin Blair | 05/03/2024

Reforms to boost the capital market and asset management sector are driving optimism in Japan.

Market Infrastructure

ASIFMA Calls for More Enhancements to Wealth Connect Scheme

By Sanday Chongo Kabange | 05/03/2024

ASIFMA calls for a further increase in the individual investment quota and a more extensive expansion to the list of eligible products.

Securities / Derivatives

Cambodia Inaugurates New Securities Investors Association

By Editors | 05/03/2024

The new association will provide training and represent the investors on matters such as legal protection and market development.

ESG / Sustainability

JPX Develops Method to Automate TCFD Disclosure Checks

By Mark Johnston | 05/03/2024

Large language models are used evaluate securities reports to check whether recommended TCFD disclosures were made.