Securities / Derivatives

Securities / Derivatives

NZX, EEX to Jointly Develop Auction Service for Emissions Trading

By Editors | 23/10/2020

NZX and EEX will develop and operate the managed auction service for New Zealand’s Emissions Trading Scheme, helping to bring carbon costs into the mainstream.

Securities / Derivatives

Taiwan FSC to Check How Brokers Use High-speed Trading for Clients

By Editors | 22/10/2020

The FSC will carry out an inspection at 22 securities firms to check that they are using high-speed trading properly in offerings to clients.

Fintech / Regtech

India’s Gift City Regulator Introduces Regulatory Sandbox Framework

By Sanday Chongo Kabange | 22/10/2020

All entities operating in the capital market, banking, insurance and pension sectors, as well as individuals and startups from India and FATF-compliant jurisdictions, are eligible.

Enforcement

Malaysia SRO Reprimands Two Unit Trust Consultants for Misconduct

By Sanday Chongo Kabange | 22/10/2020

The two consultants allegedly schemed a plot to market, distribute and sell unit trust funds while they served as registered consultants of different entities.

Enforcement

Australian Federal Court Fines OTC Derivative Issuers A$75m

By Editors | 22/10/2020

The three OTC derivatives issues are now in liquidation and have also been ordered pay ASIC’s costs and to refund approximately 10,000 former clients, on top of the penalties.

Enforcement

FSC Korea Kicks Offs New Task Force to Address Illegal Trading

By Editors | 22/10/2020

Korean regulators will work to enhance cross-agency information sharing, introduce a new market abuse monitoring system, and raise penalties for unfair trading activities.

Fintech / Regtech

IMAS Calls on Asset Managers to Join Digital Accelerator Programme

By Editors | 21/10/2020

Under the programme, asset managers will be paired with a shortlisted fintech with the most appropriate solution to the problem statement submitted.

Market Infrastructure

SEBI to Promote Greater Access to Securities Market Data

By Editors | 21/10/2020

The committee will identify gaps in the public availability of securities market data and recommend regulations to promote transparency, access and useability of such data.

Enforcement

Korean Regulators to Revoke Lime Asset Management Licence

By Editors | 20/10/2020

Subject to FSC approval, the FSS will revoke Lime’s business registration and order the company to dismiss its CEO, who was arrested in July.