Securities / Derivatives

Enforcement

Korean Banks, Brokers, Execs Sanctioned Over Mis-sold Funds

By Editors | 30/11/2023

A number of CEOs and former CEOs were sanctioned over the mis-selling of funds tied to Lime Asset Management and Optimus Asset Management.

ESG / Sustainability

HKMA Sets Standards for Sale of Green & Sustainable Investment Products

By Sanday Chongo Kabange | 30/11/2023

Registered institutions that sell and distribute green and sustainable investment products have 12 months to comply.

Securities / Derivatives

UK Court Rules That LME Nickel Trade Cancellations Were Lawful

By Editors | 30/11/2023

The court ruling supports the LME’s argument that its actions in March 2022 were necessary to prevent a potential market collapse.

ESG / Sustainability

Bursa Malaysia and UN Global Compact Network Collaborate on Sustainability

By Editors | 29/11/2023

Bursa Malaysia and UNGCMYB will explore several initiatives to support the upskilling of sustainability practitioners of PLCs and SMEs.

Securities / Derivatives

Chinese Insurers Team Up to Invest in Stock Market

By Editors | 29/11/2023

China Life Insurance and New China Life Insurance will set up a new fund to invest in stocks, responding to calls from regulators for insurers to step up support for the market.

Crypto / Digital Assets

The Boiling Frog: Finfluencers in the Investment Management Industry

By Pankaj Sharma | 29/11/2023

Pankaj Sharma and Phoebe Chan discuss the complexities of regulating financial promotions online, finfluencers in particular, and offer recommendations.

ESG / Sustainability

HK FSTB Consults on Paperless Corporate Communications

By Sanday Chongo Kabange | 29/11/2023

Listed and non-listed companies incorporated in Hong Kong would be allowed to rely on implied consent for disseminating corporate communications by means of website.

Securities / Derivatives

SEBI to Implement T+0 Settlement in Equities by March 2024

By Ajoy K Das | 29/11/2023

SEBI will implement same day settlement in equities trading by March 2024, and optional instantaneous settlement a year later.

Securities / Derivatives

China Revises Rules to Strengthen Self-Regulation in Fund Industry

By Editors | 29/11/2023

The revised rules impose expectations on fund management firms and their senior managers to focus more on risk management and ethical business conduct.