SECURITIES / DERIVATIVES

    Enforcement

    Philippine SEC Strengthens Director Disqualification Rules

    By Editors | 08/03/2022

    The rules set out the conditions under which the SEC can disqualify and remove a director, trustee, or officer of a company.

    Securities / Derivatives

    Best Execution Requirements Come into Force in Singapore

    By Manesh Samtani | 08/03/2022

    MAS finalised the best execution requirements in September 2020, giving firms an 18-month transitional period for compliance.

    AML / KYC

    SGX Issues Directions to Listed Issuers on Sanctions Compliance

    By Manesh Samtani | 08/03/2022

    Gazprom’s GDR listing on SGX has been suspended. Issuers are directed to suspend trading if they are subject to sanctions or engaging in sanctioned business dealings with Russia.

    Enforcement

    Indian Police Arrest Former NSE Head Chitra Ramkrishna

    By Sanday Chongo Kabange | 07/03/2022

    The CBI said evidence shows that Ramkrishna engaged in a conspiracy with another executive, after she coerced NSE’s HR department to hire him.

    Securities / Derivatives

    SEBI Extends Timeline for Brokers to Segregate Client Collateral

    By Editors | 07/03/2022

    The implementation timeline for the new framework on client collateral segregation and monitoring has been extended to 2 May 2022.

    Securities / Derivatives

    SFC Directs Licensed Corporations to Plan for Contingencies

    By Editors | 07/03/2022

    The SFC expresses concern that some licensed firms may not have plans in place to deal with financial distress or the sudden unavailability of key staff.

    Enforcement

    SMBC Nikko Employees Arrested in Manipulation Probe

    By Editors | 07/03/2022

    Two Japanese and two foreign nationals were arrested for allegedly manipulating at least five stocks when handling block orders for clients.

    AML / KYC

    Russia Lays Out Three Exit Options for Foreign Firms

    By Manesh Samtani | 07/03/2022

    One option is for foreign shareholders to transfer their shares to be managed by Russian partners until they return to the market at a later date.

    Crypto / Digital Assets

    Thailand SEC Tightens Custody Rules for Digital Assets

    By Mark Johnston | 05/03/2022

    The SEC is also proposing requirements for digital asset businesses to disclose service quality information on their websites.

    Enforcement

    NZ FMA Censures Derivatives Issuer Over Suitability Checks

    By Editors | 05/03/2022

    CTRL Investments allowed investors who could not demonstrate the necessary skills and knowledge to trade derivatives.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team