Securities / Derivatives

Enforcement

ASIC Outlines Approach to Regulating Superannuation Trustees

By Editors | 14/02/2021

ASIC’s Jane Eccleston says trustees of non-public offer funds need to apply for an AFS licence or vary their existing licences by 30 April 2021.

Enforcement

China Instructs Deloitte to Investigate Alleged Auditing Violations

By Editors | 13/02/2021

Auditing violations alleged by a whistleblower include improper conduct by certain Deloitte staff members in performing the audits of five companies in 2016 and 2017.

Enforcement

CSRC Strengthens Industry Controls to Prevent Insider Trading

By Editors | 13/02/2021

Listed companies are required to establish a system for the registration and management of individuals who possess inside information.

Securities / Derivatives

KRX to Ease Requirements for Listing on KOSPI

By Sanday Chongo Kabange | 12/02/2021

The new rules are expected to facilitate the realisation of the “Korean version of Tesla”, the US automaker which listed on the Nasdaq in 2010 based on market cap.

Enforcement

SEBI Penalises NSE, Former Officials in Colocation Case

By Editors | 12/02/2021

SEBI says NSE failed to ensure fair and equitable access by trading members subscribing to its tick-by-tick data feed system.

AML / KYC

CSRC Targets ‘Shadow Shareholders’ in New Guidelines

By Editors | 12/02/2021

A 36 month lock up period is being introduced for investors who purchase shares in companies within 12 months before their IPO applications.

Securities / Derivatives

BSP Lowers Minimum Balance for Investment Management Accounts

By Editors | 11/02/2021

BSP Governor Benjamin Diokno said the revised regulations are aimed at expanding investment opportunities for the public.

Enforcement

SFC Freezes Brokerage Accounts Linked to Social Media Scam

By Editors | 11/02/2021

One of the SFC’s top priorities for the year is to crack down on ramp and dump scams and other types of market manipulation conducted through social media.

ESG / Sustainability

PBOC to Step Up Efforts to Advance Green Finance Agenda

By Manesh Samtani | 11/02/2021

A comparative study is about to be completed, which will pave the way for the launch of a China-EU Shared Classification Catalogue for Green Finance later this year.