Securities / Derivatives

Enforcement

ASIC Warns of More Enforcements in the ‘Coming Months’

By Sanday Chongo Kabange | 03/08/2023

ASIC said it has embedded new data and analytics capabilities into its insider trading surveillance processes.

Securities / Derivatives

CSRC Issues Updated Market Maker Rules for Beijing Exchange

By Editors | 03/08/2023

The new draft also aims to increase alignment between the rules for the Beijing Stock Exchange and Shanghai’s STAR Market. The net capital requirement is cut in half.

Securities / Derivatives

HKEX Will No Longer Single Out ‘China Risk’ in Issuer Disclosures

By Editors | 02/08/2023

HKEX removed specific requirements for issuers to disclose China-related risks, to align its requirements across all overseas-incorporated companies.

Enforcement

FSS Korea Directs to Foreign Firms to Improve Trading Controls

By Sanday Chongo Kabange | 02/08/2023

The firms erroneously recorded margin trading transactions. One firm also did not properly document reasons for client-directed order amendments.

Securities / Derivatives

HKEX Adds Additional Margin Calculation Flexibility to VaR Platform

By Sanday Chongo Kabange | 02/08/2023

The changes are designed to accommodate the needs of more complex portfolios and allow firms to easily exclude positions that will be settled by end of day.

Securities / Derivatives

CFFEX Seeks Greater Market Participation from Institutional Investors

By Editors | 01/08/2023

CFFEX will roll out new training, technology and incentives to better support intermediaries in servicing mid- and long-term institutional investors.

Enforcement

South Korea Penalises 18 Firms for Short-Selling Violations

By Sanday Chongo Kabange | 01/08/2023

The biggest fines went to QUANTin Asset Management and PFM Asset Management, which were penalised more than a combined KRW 600 million.

Securities / Derivatives

CSRC Looks to Brokers for Advice on Boosting the Stock Market

By Editors | 01/08/2023

CSRC convened a meeting with brokerages last week to discuss ways to restore investor confidence and boost the stock market.

Market Infrastructure

UPDATED – SEBI Directs MIIs to Establish Common Dispute Resolution Platform

By Sanday Chongo Kabange | 01/08/2023

Disputes between investors or clients and listed companies or any specified intermediaries or regulated entities in the securities market will be resolved through the proposed new platform.