Securities / Derivatives

Securities / Derivatives

Credit Suisse Approved to Launch China Wealth Management Business

By Editors | 10/03/2023

Credit Suisse has received investment consultancy and proprietary trading licences, and an expansion of its brokerage licence.

Securities / Derivatives

SFC Fines City International Futures for AML Compliance Failures

By Editors | 10/03/2023

City International Futures is the 6th firm to be fined over the use of software that allows Mainland investors to trade without opening a local securities account in Hong Kong.

Enforcement

ASIC Issues Stop Orders Against Interactive Brokers’ Securities Lending Product

By Editors | 09/03/2023

ASIC says Interactive Brokers inappropriately included investors in the target market that didn’t align with the features and risks of the product.

ESG / Sustainability

Bursa Malaysia, LSEG to Launch Sustainability Reporting Platform

By Editors | 09/03/2023

At Invest Malaysia 2023, funding incentives for the Bursa Carbon Exchange were also announced, along with other initiatives to increase the vibrancy of the Malaysian capital market.

Fintech / Regtech

FIA to Form New Global Taskforce in Response to ION Outage

By Manesh Samtani | 08/03/2023

The taskforce will assess existing cyber protections, response protocols, and safeguards around third-party service providers.

Enforcement

LME Facing Three New Lawsuits Over Cancelled Nickel Trades

By Editors | 08/03/2023

In one new lawsuit, AQR Capital Management and four other hedge funds are claiming almost $100mn in damages.

ESG / Sustainability

GASLA Issues Updated Framework for ESG and Securities Lending

By Editors | 08/03/2023

The updated framework provides offers guidance to help financial institutions evaluate securities lending in the context of their ESG policies.

Securities / Derivatives

SEBI Cautions Mutual Funds Against Misleading Ads

By Editors | 07/03/2023

Some mutual funds are leading investors to believe they will receive fixed returns, and projecting high returns based on past performance.

Securities / Derivatives

HKEX Identifies Compliance Deficiencies at Some Firms

By Editors | 07/03/2023

Participants should review their current practices and procedures, strengthen their controls, and take immediate actions to rectify any breaches or deficiencies.