SECURITIES / DERIVATIVES

    Fintech / Regtech

    MAS Targets Market Abuse, Misconduct, AML Control Breaches

    By Editors | 04/11/2020

    In its latest enforcement report, MAS highlights its work to strengthen early detection of market misconduct, including through Apollo, an augmented intelligence system.

    Market Infrastructure

    China Drafts Rules for National Carbon Emissions Trading Scheme

    By Editors | 04/11/2020

    Companies will have to issue emissions reports, subject to strict disclosure and verification requirements, which will be used to determine the allowances they can trade.

    Enforcement

    New Zealand FMA Proposes New Guidance on KiwiSaver Fees

    By Editors | 04/11/2020

    The proposed guidance sets out ongoing obligations for KiwiSaver schemes to regularly review their fees to ensure members not being charged unreasonable fees.

    Securities / Derivatives

    Chinese Regulators Force Suspension of Ant Group IPO

    By Editors | 03/11/2020

    The Shanghai and Hong Kong IPOs have been suspended following supervisory interviews with Jack Ma and two other executives. Ant was due to start trading on Thursday.

    AML / KYC

    Hong Kong to Align Crypto Regulatory Framework with FATF Standards

    By Manesh Samtani | 03/11/2020

    The government proposes to introduce a new licensing regime for VASPs that trade non-security tokens, and a registration regime for dealers in precious metals and stones.

    Enforcement

    Korean Prosecutors Raid Brokerage Firms Over Lime Asset Mis-selling

    By Shruti Khairnar | 02/11/2020

    Investigators from Seoul’s prosecution office raided the headquarters of Shinhan Investment Corp, Korea Investment & Securities, and KB Securities last week.

    Enforcement

    KRX Probes Market Makers’ Compliance With Short Selling Rules

    By Editors | 02/11/2020

    The inspection will cover all 22 market makers, focusing on whether they conducted naked short selling and whether they violated the uptick rule.

    Market Infrastructure

    China Further Opens Domestic Markets to Foreign Investors

    By Manesh Samtani | 01/11/2020

    Qualified foreign investors can lend out and borrow stock holdings to enable their use in short-selling, and trade equity index futures on the CFFEX.

    Securities / Derivatives

    HK to Allow Secondary Listings from Some Corporate WVR Companies

    By Manesh Samtani | 01/11/2020

    Subject to certain requirements, Greater China issuers primary listed on the Nasdaq, NYSE or the LSE’s premium listing segment will be allowed to secondary list in Hong Kong.

    Securities / Derivatives

    TSE Invites Firms to Register for New RFQ Platform for ETFs

    By Editors | 01/11/2020

    The new platform, CONNEQTOR, will be ready for production use next month, allowing institutional investors to send RFQs to market makers.

    JOIN OUR NEWSLETTER

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