Securities / Derivatives

Fintech / Regtech

ASIC to Host Industry Roundtable on CHESS Replacement Project

By Editors | 17/07/2023

ASIC chair Joe Longo will chair an industry roundtable on 2 August to discuss a proposed CHESS replacement solution.

ESG / Sustainability

SEBI to Require Listed Entities to Cover ‘Value Chain’ in ESG Disclosures

By Editors | 16/07/2023

Listed companies will have to incorporate ESG information from firms in their value chain in their annual BRSR reports, and obtain assurance for such information.

Securities / Derivatives

CSRC Allows SHFE to Launch Synthetic Rubber Futures, Options

By Mark Johnston | 15/07/2023

Increasing fluctuations in the price of synthetic rubber has made the demand for risk management “increasingly strong”, the SHFE said.

Securities / Derivatives

SEBI Tightens Disclosure Norms for Listed Companies

By Mark Johnston | 14/07/2023

The new disclosure norms by SEBI aim to enhance transparency and accountability in corporate governance practices of listed entities.

Enforcement

Korea Prosecutors Arrest Three on Stock Manipulation Charges

By Sanday Chongo Kabange | 14/07/2023

The trio allegedly generated $27.9mn in illicit profits by manipulating the stock prices of five companies, prosecutors said.

AML / KYC

Euroclear Faces $2b Lawsuit from Russian Fund Manager

By Editors | 14/07/2023

Russian asset manager First AM says its lawsuit is intended to protect the rights and interests of clients whose assets were frozen.

Enforcement

SFC, AFRC to Jointly Target Misconduct By Listed Issuers

By Sanday Chongo Kabange | 14/07/2023

The SFC and AFRC will work together to address misconduct involving dubious loans issued by listed companies to third parties.

Enforcement

Singapore Jails Four on False Trading, Deception Convictions

By Editors | 14/07/2023

The four were convicted for their involvement in a scheme to manipulate the price of Catalist-listed Koyo International between 2014 and 2016.

Enforcement

SFC Fines Fund Manager for Failing to Segregate Client Funds

By Sanday Chongo Kabange | 14/07/2023

The fund manager also issued inaccurate statements of accounts and failed to provide statements of accounts to clients within the prescribed time limit.