Securities / Derivatives

Securities / Derivatives

Malaysian Regulators Ask Auditors to Up Their Game

By Ranamita Chakraborty | 04/08/2021

Audit engagements which required further evaluation and investigation in 2020 were found to have weak auditing procedures and lacked professional scepticism.

AML / KYC

US Investment Ban on 59 Chinese Companies Takes Effect

By Editors | 04/08/2021

US persons that have not yet divested their holdings in 59 companies that operate in the defence or surveillance technology sectors have until 3 June 2022 to do so.

Securities / Derivatives

Bursa Malaysia Proposes Listing Rule Changes to Enhance ACE Market

By Manesh Samtani | 03/08/2021

Sponsor eligibility requirements will be liberalised to make available a wider pool of qualified corporate finance advisers to act as sponsors for the ACE Market.

Enforcement

Hong Kong SFC Fines UBS Over Regulatory Breaches

By Editors | 03/08/2021

The breaches involve research report disclosures, telephone recordings, client derivatives knowledge assessments, and structured product sales.

AML / KYC

US House Bill Offers Regulatory Framework for Crypto

By Manesh Samtani | 02/08/2021

The bill would give the SEC authority over digital asset securities, the CFTC authority over digital assets, and the Fed authority to issue a digital dollar.

Market Infrastructure

OSE, TOCOM Set to Launch J-GATE 3.0 on 21 September

By Editors | 02/08/2021

The next-generation derivatives trading system known as J-GATE3.0 will go live on 21 September 2021.

Enforcement

Korea: Daishin Securities Ordered to Compensate Lime Investors

By Editors | 02/08/2021

Daishin Securities is asked to compensate investors up to 80% of losses after it missold funds managed by Lime Asset Management.

Securities / Derivatives

ISDA, ICMA, ISLA Sign MoU on Common Domain Model

By Editors | 02/08/2021

The MoU establishes a framework for closer collaboration on the development of the Common Domain Model across financial markets.

Securities / Derivatives

APRA Raises Expectations on Superannuation Entities

By Editors | 02/08/2021

APRA has written to RSE licensees describing their key obligations in light of the introduction of the Your Future, Your Super reforms.