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Enforcement
Singapore High Court Considers 40 Year Jail Term for Manipulator
By Editors | 07/11/2022
Prosecutors are reportedly asking the court to impose a 40-year jail sentence on John Soh Chee Wen, the mastermind of the 2013 penny stock crash.
Securities / Derivatives
CSRC Issues Rules for Private Pension Investments in Public Funds
By Editors | 06/11/2022
Fund products receiving private pension investment must have “safe” and “stable” operations and focus on long-term value preservation.
Fintech / Regtech
SEBI Drafts Cloud Adoption Framework for Regulated Entities
By Manesh Samtani | 06/11/2022
The framework says there are “no limitations” on the use of any cloud deployment models, but provision must only be from data centres empanelled by MeitY.
Capital / Liquidity
Banks Working to Assess Climate Impacts on Trading Book
By Editors | 06/11/2022
An ISDA-EY report says banks see the potential benefits of engaging with regulators to help define and run an exploratory scenario for the trading book.
Enforcement
APRA Imposes Licence Conditions on Insignia Group Trustees
By Editors | 04/11/2022
The additional licence conditions require four Insignia trustees to improve their governance and risk management practices, processes and frameworks.
Capital / Liquidity
SGX RegCo Refines CDP Margining Framework & Clearing Fund
By Sanday Chongo Kabange | 04/11/2022
Margin rates will be differentiated based on different risk profiles of securities. Margin offsets will be introduced to account for diversification effects. Anti-procyclicality measures will be enhanced.
Securities / Derivatives
Bangladesh, UAE Regulators to Collaborate on Capital Markets
By Editors | 03/11/2022
BSEC has signed MoUs with both the UAE’s Securities And Commodities Authority and the DFSA to improve investor protection and capital markets.
Capital / Liquidity
BIS Report Offers Guidance on Managing FX and Capital Flow Volatility
By Editors | 03/11/2022
Financial authorities should advance their FX market monitoring approaches, further develop onshore hedging markets, and introduce temporary capital flow management measures.
Fintech / Regtech
BNP Paribas Completes Successful DRR Test for CFTC Rewrite
By Editors | 03/11/2022
BNP Paribas is ready to implement Digital Regulatory Reporting for the CFTC’s new swap data reporting rules coming into effect on 5 December.
ESG / Sustainability
Bursa Malaysia, LSEG Expand Collaboration on ESG Initiatives
By Editors | 03/11/2022
FTSE Russell will provide ESG scores for all companies listed on Bursa Malaysia’s Main and ACE Markets, compared to 30 percent currently.
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