SECURITIES / DERIVATIVES

    Crypto / Digital Assets

    US SEC Reportedly Probing Binance 2017 Token Offering

    By Editors | 09/06/2022

    The SEC is also investigating market making companies owned by Binance’s CEO and whether company insiders may have engaged in trading abuses.

    Securities / Derivatives

    CBIRC Fines Two Banks, Wealth Management Subsidiaries

    By Editors | 09/06/2022

    Bank of China, China Everbright Bank, and their two wealth management subsidies were fined a total of almost CNY 15 million.

    Big Picture

    Old Misconduct Patterns Are Repeating in New Settings: FMSB

    By Editors | 08/06/2022

    Forms of misconduct which have been present for hundreds of years are playing out in new digital asset classes, including crypto assets and NFTs.

    ESG / Sustainability

    EU Lawmakers Agree Gender Diversity Directive

    By Editors | 08/06/2022

    The law will require EU listed companies to have women take up at least 40% of non-executive board seats, or 33% of all director posts, by mid-2026.

    Enforcement

    Australian Man Pleads Guilty to Pump and Dump Scheme

    By Editors | 08/06/2022

    The man, Gabriel Govinda, will be the first to be convicted in Australia over a social media pump-and-dump scheme.

    ESG / Sustainability

    CFTC Consults on Climate Impacts to Derivatives, Commodities

    By Editors | 07/06/2022

    The CFTC may use the information collected to inform actions such as the issuance of new or amended guidance, interpretations, policy statements, or regulations.

    ESG / Sustainability

    TWSE Launches New ESG Disclosure Platform

    By Editors | 07/06/2022

    Listed companies are required to disclose the relevant information, or explain why they cannot, within six months of the end of each fiscal year.

    Securities / Derivatives

    LME Hit with Lawsuits Over Nickel Trade Cancellations

    By Editors | 07/06/2022

    Judicial review claims from Elliott Associates and Jane Street Global Trading challenge LME’s decisions to cancel nickel trades in March.

    Securities / Derivatives

    ASIC Announces Updated Financial Reporting Rules for AFS Licensees

    By Editors | 07/06/2022

    AFS licensees’ financial reports must contain disclosures consistent with the financial reports of other for-profit entities, prepared under AASB standards.

    Market Infrastructure

    ASX Finalises Changes to Issuer Services Fee Model

    By Editors | 06/06/2022

    The changes will take effect from 1 July and result in a “substantially simpler, clearer and more predictable” fee model, ASX says.

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