ADVERTISEMENT
Enforcement
US Court Convicts Another JPM Trader on Spoofing Charges
By Editors | 13/12/2022
Former precious metals trader faces up to 30 years in prison for placing deceptive orders intended in COMEX gold and silver futures.
ESG / Sustainability
Vanguard Withdraws from NZAM Alliance Amid Political Pressure
By Editors | 13/12/2022
The move came a day after a senate committee report was released highlighting the outsized influence of the “Big Three” asset managers towards ESG.
Enforcement
UK Court Convicts Three for Defrauding Libyan Sovereign Fund
By Mark Johnston | 13/12/2022
The fund managers structured investments in a way that generated finder fees that they funnelled through offshore shell companies, causing around $46mn to Libya.
ESG / Sustainability
Malaysia SC Issues Principles-based SRI Taxonomy
By Editors | 13/12/2022
The SRI Taxonomy provides universal guiding principles for the classification of economic activities that qualify for sustainable investment.
ESG / Sustainability
Bursa Malaysia Launches ESG Themed Index Futures Contract
By Editors | 13/12/2022
The new futures contract is based on the FTSE4Good Bursa Malaysia Index and available to global investors via CME Globex.
AML / KYC
SFC Announces 20 March 2023 Launch Date for HKIDR
By Editors | 13/12/2022
The SFC has decided to “provide more time for the industry’s preparation” and has announced a 20 March 2023 launch date for the HKIDR.
ESG / Sustainability
Australian Treasury Consults on Climate Disclosures
By ESG Investor | 13/12/2022
Australia is consulting on the design and implementation of its proposed standards for the mandatory disclosure of climate‑related financial risks and opportunities.
Enforcement
EU Commission Accuses Two Banks of Cartel Conduct
By Editors | 12/12/2022
Deutsche Bank and Rabobank traders allegedly exchanged commercially sensitive information and coordinated pricing and trading strategies on government bonds.
Capital / Liquidity
UK Proposes Extensive Overhaul of Financial Services Regulations
By Manesh Samtani | 12/12/2022
The reforms include overhauls of the ring-fencing and senior managers regimes, a new green finance strategy, and an investment management exemption for cryptoassets.
Enforcement
FCA Fines Interdealer Brokers Over Inadequate Trade Surveillance
By Editors | 12/12/2022
Between July 2016 and January 2018, BGC Brokers, GFI Brokers and GFI Securities had deficient surveillance processes and insufficient asset class coverage.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team