Securities / Derivatives

    Enforcement

    Korea FSS to Penalise Brokerage CEOs Over Lime Asset Mis-selling

    By Editors | 07/10/2020

    The proposed sanctions may include a ban on former and current CEOs of three brokerage firms from working in the financial industry for up to five years.

    Fintech / Regtech

    BOT Issues $1.6bn in Government Savings Bonds on Blockchain

    By Editors | 07/10/2020

    Leveraging IBM blockchain technology, Bank of Thailand’s platform reduces a process that previously took 15 days to two days.

    Fintech / Regtech

    ISDA, Digital Asset Launch CDM Clearing Pilot Using DAML

    By Editors | 06/10/2020

    Deploying the Common Domain Model for clearing using DAML will increase standardisation and operational efficiency across the entire clearing lifecycle.

    Securities / Derivatives

    Taiwan FSC Selects Nine Foreign Fund Managers to Receive Incentives

    By Editors | 06/10/2020

    AllianceBernstein, Allianz, Schroders, Invesco, JP Morgan, Fidelity, Nomura, NN Investment Partners and Franklin Templeton were selected.

    Securities / Derivatives

    HKFE Obtains CFTC Certification for More MSCI Contracts

    By Editors | 06/10/2020

    Two broad-based Taiwan equity index contracts have received CFTC certification, allowing them to be offered and sold to persons in the US.

    Enforcement

    CFTC Fines Morgan Stanley Over Inaccurate Swaps Reporting

    By Editors | 06/10/2020

    Morgan Stanley’s cooperation with the CFTC investigation was rewarded with a reduced civil monetary penalty of $5mn.

    Market Infrastructure

    JPX Forms Committee to Investigate TSE System Failure

    By Editors | 06/10/2020

    The TSE said a failure occurred in a memory module of an Arrowhead shared disk device, where operations did not switch over to a secondary device due to a device setting.

    Securities / Derivatives

    HKEX Set to Adopt Enhancements to Pre-opening Session

    By Editors | 06/10/2020

    The POS enhancements, finalised in December, involve the adoption of features from the closing auction session, with the aim of improving price discovery and trading liquidity.

    Big Picture

    ISDA Calls for Common Standards in Derivatives, SFT Markets

    By Editors | 05/10/2020

    The development of common standards and taxonomies will facilitate automation and interoperability across derivatives and SFT markets.

    Enforcement

    ASIC Bans Former Fixed Income Broker for Ten Years

    By Editors | 05/10/2020

    The ex-broker charged unpermitted spreads and traded at prices other than the agreed independent valuation on transactions entered on behalf of referred clients.

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