Securities / Derivatives

Enforcement

Affin Hwang Dealer Punished for Misusing Client Funds

By Editors | 18/09/2023

The Affin Hwang Investment Bank dealer’s representative executed personal and unauthorised trades in clients’ accounts.

Securities / Derivatives

Beijing Authorities Announce Measures to Support Tech Unicorns

By Editors | 17/09/2023

The measures emphasise a focus on facilitating public listings by tech unicorns in both domestic and overseas stock markets.

Capital / Liquidity

BIS Paper Suggests Redesign of AT1 Instruments May Be Warranted

By Editors | 17/09/2023

The paper says some market participants “may not fully appreciate” that writedown conditions  may differ across AT1 instruments.

AML / KYC

Philippine SEC Teams Up With US Counterpart, IOSCO to Tackle Securities-related Crime

By Editors | 15/09/2023

The Philippines SEC is looking to strengthen its enforcement capabilities to protect investors from securities fraud and other forms of investment scams.

Securities / Derivatives

IOSCO Propose Good Practices for Leveraged Loan, CLO Markets

By Editors | 15/09/2023

IOSCO says a “prolonged borrower-friendly environment” has given rise to vulnerabilities in leveraged loan and CLO markets.

Securities / Derivatives

IOSCO Warns of Emerging Risks in Private Finance Markets

By Editors | 15/09/2023

IOSCO says private finance markets are “inherently opaque”, and that connections with other parts of the financial system may allow risks to spill into public markets.

Securities / Derivatives

ACGA Urges Korea to Review Corporate Governance Rules

By Mark Johnston | 15/09/2023

The ACGA sent a letter to the FSC outlining areas where Korea’s corporate governance rules can be improved to bolster the capital market and investor confidence.

Securities / Derivatives

SHFE Approves Citi as Futures Margin Depository Bank

By Manesh Samtani | 15/09/2023

The approval is the first granted to a US bank. It allows Citi to provide futures margin depository services to QFI clients trading in China’s commodity derivatives market.

Securities / Derivatives

SEBI Overhauls Quarterly Reports for Alternative Investment Funds

By Mark Johnston | 15/09/2023

The revised format requires AIFs to provide information on their fund structure, investment strategy, portfolio composition, valuation methodology, and other areas.