SECURITIES / DERIVATIVES

Enforcement

Two Convicted in Singapore’s Largest-ever Market Manipulation Case

By Editors | 06/05/2022

Two individuals were convicted on 349 charges for controlling and using 187 trading accounts to manipulate three penny stocks before they collapsed in October 2013.

Big Picture

DTCC Calls for Greater Scrutiny of Interconnectedness Risks

By Editors | 05/05/2022

Interconnectedness, while providing benefits, poses certain risks that need to be recognised and analysed to guard against system-wide vulnerabilities, DTCC says.

Securities / Derivatives

BSEC to Encourage Brokerage Firms to Launch IPOs

By Editors | 05/05/2022

Brokerage firms that are allowed to issue IPOs will be able to increase investment flows to the market and enhance their monitoring, BSEC said.

Securities / Derivatives

CSRC Set Out Regulatory Obligations of Delisted Companies

By Darien Choong | 05/05/2022

Companies must comply with disclosure and governance requirements after delisting to protect investors rights and safeguard social stability.

Fintech / Regtech

FSC Korea Issues New Rules for Fractional Investing Services

By Editors | 05/05/2022

The FSC will classify fractional investment products as securities on a case-by-case basis and require issuing firms to adopt investor protection measures.

Capital / Liquidity

ISDA to Recognise China as Clean Netting Jurisdiction

By Editors | 04/05/2022

ISDA plans to publish a legal opinion recognising China as a jurisdiction in which close-out netting can be applied, paving the way for a more diversified onshore derivatives transactions.

Securities / Derivatives

AIMA Publishes Institutional Investor Guide on Digital Asset Custody

By Editors | 04/05/2022

The guide was produced with contributions from Anchorage Digital, Barclays Investment Bank, Capco, Coinbase, Copper, Digivault, and Fidelity Digital Assets, among others.

Securities / Derivatives

China, US Discuss Logistics of Cross-border Audit Inspections

By Editors | 03/05/2022

Regulators are discussing the logistical and operational details for a new mechanism that will enable the PCAOB to visit China for audit inspections.

Securities / Derivatives

Taiwan FSC Allows Cross-institutional Data Sharing

By Editors | 03/05/2022

Information sharing will be allowed between FIs that do not have group relations, provided that the data sharing model is first reviewed and approved by the FSC.