Securities / Derivatives

Securities / Derivatives

FINRA Fines BofA & Merrill Lynch $3m for Surveillance Failures

By Nithya Subramanian | 04/09/2024

FINRA said the parameters of the surveillance systems were set too narrowly, leading to failures to detect potentially manipulative trading.

ESG / Sustainability

Bursa Malaysia Receives SBTi Validation for Net Zero Targets

By Editors | 04/09/2024

Bursa Malaysia is the first exchange in Asia to have SBTi validation for both its near- and long-term emission reduction targets.

ESG / Sustainability

Chinese Issuers Increasingly Adopting CGT in Green Bond Issuances

By Manesh Samtani | 04/09/2024

As of 31 July, 325 green bonds aligned with the China-EU Common Ground Taxonomy have been issued in China’s interbank market.

Capital / Liquidity

Japan FSA to Strengthen Monitoring of Financial Institutions

By Thisanka Siripala | 04/09/2024

The FSA’s priorities include a stronger focus on corporate governance, risk management, and the asset management reforms.

Securities / Derivatives

SFC Issues Licensing Guidance for Visiting and Returning Professionals

By Sanday Chongo Kabange | 03/09/2024

The SFC provides guidance on licensing options for professionals visiting and returning to Hong Kong to conduct regulated activities.

Securities / Derivatives

Tokyo Bourse Secures New Partners for ‘TSE Asia Startup Hub’

By Nithya Subramanian | 03/09/2024

Malaysia’s VentureTECH is among the firms participating in the TSE initiative, which seeks to attract IPOs from across the region.

Securities / Derivatives

SEBI Proposes to Update Record Keeping Requirements

By Ajoy K Das | 03/09/2024

SEBI proposes to make it mandatory for regulated entities to maintain records of communications for a minimum eight years.

Enforcement

Korean Courts Overturn Two FSC Penalty Decisions

By Editors | 03/09/2024

A KRW 669.1 million fine against Shinhan Investment Corp and a KRW 1 billion fine against Kepler Cheuvreux were overturned.

Market Infrastructure

Deadline Fast Approaching for New Trade Reporting Rules in Australia and Singapore

By Manesh Samtani | 03/09/2024

DTCC, MAS and ASIC are calling on market participants to accelerate testing efforts to ensure readiness for new reporting rules that go live on 21 October.