Securities / Derivatives

Securities / Derivatives

Super Funds that Fail Performance Test Must Improve Communications

By Editors | 13/04/2023

ASIC reviewed the performance communications of four super funds that failed APRA’s annual performance test for the second time last year.

ESG / Sustainability

Bursa Malaysia, PETRONAS Partner to Drive ESG Adoption

By Editors | 13/04/2023

PETRONAS, the largest corporate entity in Malaysia, will participate as an early adopter of Bursa Malaysia’s Centralised Sustainability Intelligence Platform.

Securities / Derivatives

Malaysia to Launch Capital Market Graduate Programme

By Editors | 13/04/2023

The programme aims to improve the knowledge and employability of 9,000 university graduates to address a deficit of skilled talent in the capital market.

Enforcement

SFC Fines Ninety One HK Unit for Unlicensed Futures Dealing

By Editors | 12/04/2023

Ninety One did not have a Type 2 (dealing in futures contracts) licence, believing it could rely on SFO exemptions to deal in futures contracts.

Securities / Derivatives

SEBI Issues Framework to Improve IPO Price Band Discovery

By Editors | 12/04/2023

Stock exchanges will have to compute a common equilibrium price for IPO listings if their call auctions result in equilibrium prices that are too far apart.

Enforcement

CFTC Fines Goldman Sachs for Swaps Conduct Failures

By Editors | 12/04/2023

The CFTC said Goldman touted supposed benefits of same-day swap transactions to clients, but not the corresponding costs.

Enforcement

Korean Authorities Investigate Kakao for Market Manipulation

By Editors | 11/04/2023

The FSS is investigating whether Kakao manipulated the stock price of K-pop agency SM Entertainment.

Securities / Derivatives

SEBI Mandates Direct Plan, Trail Fee Model for AIFs

By Editors | 11/04/2023

SEBI said AIFs should ensure onboard investors who approach them through a SEBI-registered intermediary are onboarded via direct plan.

Market Infrastructure

First Mainboard Stocks List in China Under New IPO System

By Editors | 11/04/2023

At a listing ceremony on Monday, CSRC chairman Yi Huiman said the reforms mean regulators “no longer pass judgment” on a firm’s investability or value.