Securities / Derivatives

Market Infrastructure

DSB Forms New Advisory Committee for ISIN, UPI Services

By Editors | 07/12/2023

The new committee will provide recommendations on governance matters related to the ISIN and UPI Services.

Enforcement

ASIC Fines Instinet Over ‘Set and Forget’ Compliance Culture

By Sanday Chongo Kabange | 07/12/2023

ASIC said Nomura subsidiary Instinet failed to provide clients with all necessary information about the operation of its crossing system.

Enforcement

Korea FSS Prepares for Fallout from Derivatives Losses

By Editors | 07/12/2023

Banks and brokers are expected to have to compensate investors for losses on HSCEI-linked derivatives when the products mature next year.

Securities / Derivatives

Japan Brokers Face Fresh Credit Suisse related Lawsuits

By Editors | 06/12/2023

SBI Securities, Rakuten Securities and Monex Securities are accused of not fully explaining the characteristics and risks of Credit Suisse’s ATI debt.

Market Infrastructure

PBOC Issues New Rules for Bond Valuation Agencies

By Editors | 06/12/2023

The rules will improve transparency over the selection and use of data sources, valuation methodologies, and conflicts of interest

Fintech / Regtech

China Issues Operational Risk Guidelines for Securities Industry

By Manesh Samtani | 06/12/2023

Any major operational risk event that occurs must be reported to the SAC on the same day, along with related impacts and response measures.

Enforcement

FSC Korea Sanctions NH Futures Over Illegal FX Transactions

By Sanday Chongo Kabange | 06/12/2023

The FSC has suspended NH Futures’ foreign exchange operations from 4 December 2023 to 9 May 2024.

Securities / Derivatives

Korean Law Firms File Complaint Against HSBC, BNP Paribas – Report

By Editors | 06/12/2023

The complaint calls on Seoul prosecutors to swiftly investigate the banks’ short-selling practices in cooperation with the FSS and Hong Kong authorities.

Enforcement

ASIC Warns Online Trading Providers Over Risky Offers

By Sanday Chongo Kabange | 06/12/2023

ASIC found that some online trading providers unfairly influenced consumer decisions and made misleading disclosures during the Covid-19 pandemic.