Securities / Derivatives

Securities / Derivatives

Taiwan to Strengthen Supervision on the Use of Robo-Advisers

By Editors | 24/04/2023

The maximum fine for malpractice at securities companies will be raised from TWD 3.6 million currently to TWD 15 million.

Crypto / Digital Assets

FIX Protocol Adopts Digital Token Identifier ISO Standard

By Editors | 24/04/2023

Adding the DTI to FIX will allow the industry to incorporate the trading and settlement of digital assets into their current trading and settlement operations.

Securities / Derivatives

China to Open More Derivatives to QFIs in Q3: Sources

By Editors | 24/04/2023

Chinese regulators are said to also be considering a proposal to link a CME Group derivatives product with its China-listed counterpart.

Enforcement

Singapore Jails Stock Trader for False Trading Offences

By Editors | 23/04/2023

The trader used 14 trading accounts to create a false appearance of active trading in the market for shares in KTL Global.

ESG / Sustainability

Australia to Introduce Green Financing Programme in 2024

By ESG Investor | 23/04/2023

Sovereign Green Bonds programme to attract green capital to Australia through increasing transparency around climate outcomes and availability of green investments.

ESG / Sustainability

Asian Asset Managers Lag Europe on ESG, says WWF-Singapore

By Mark Johnston | 23/04/2023

Only 38 percent of Asian asset managers reporting on responsible investing actions, compared with 100 percent of European asset managers.

Securities / Derivatives

Singapore to Revert to Physical General Meetings in July

By Editors | 23/04/2023

Listed companies will have to hold general meetings at a physical space in Singapore, but they may also use virtual meeting technology to allow remote participation.

Enforcement

Barclays to Close 21 ETN Products Following Over-issuance Incident

By Mark Johnston | 22/04/2023

Barclays will close nearly half of its US-listed ETNs. The bank was penalised by the SEC last year for over-issuing $17.7bn in securities.

Crypto / Digital Assets

US SEC Issues Guidance on Providing Advice to Retail Investors

By Sanday Chongo Kabange | 21/04/2023

Finance professionals should apply “heightened scrutiny” when recommending or advising on complex and risky products, such as crypto asset securities.