Securities / Derivatives

Enforcement

Thailand SEC to Incorporate AI in Price Manipulation Probes

By Editors | 02/08/2019

Existing investigation and fact-finding procedures currently take 1.5 years before civil sanctions or penalties are imposed.

Securities / Derivatives

SFC Raises Standards for Data Submissions by Brokers

By Manesh Samtani | 01/08/2019

In-scope brokers are expected to implement system changes and make other arrangements needed for compliance with the new Data Standards by end-October 2020.

Market Infrastructure

CSRC Issues New Rules for China Offices of Foreign Exchanges

By Editors | 31/07/2019

Representative offices of foreign exchanges have 12 months to register with the CSRC, and are prohibited from engaging in any profit-making activities in China.

Enforcement

Five Major Banks Face UK Class Action in FX Rigging Case

By Editors | 31/07/2019

The class action, estimated to be worth more than $1.2bn for trades executed in the UK, follows a similar-size fine levied against the banks by the European Commission in May.

Securities / Derivatives

JPX, TOCOM Finalise Merger Agreement to Create Integrated Bourse

By Editors | 31/07/2019

TOCOM precious metals, agricultural and rubber products will be transferred to Osaka Exchange, a JPX subsidiary, creating an all-in-one bourse by July 2020.

Securities / Derivatives

CSRC Issues Comprehensive Rules for Brokerage Firms

By Editors | 31/07/2019

The role of brokerage firms in the securities market has not been fully utilised, and the professional services provided to investors are ‘seriously inadequate’, the CSRC says.

Securities / Derivatives

ASIC Proposes Disclosure Relief for Agent Securities Lenders

By Editors | 30/07/2019

The proposed relief will defer substantial holding notifications required of agent lenders to the time when lending authority is first exercised.

Securities / Derivatives

Twenty Suspended Firms Face Permanent Delisting in Hong Kong

By Editors | 30/07/2019

Of the 22 firms that were already suspended last August when new rules took effect, only two have so far been given the green light for their shares to resume trading.

Securities / Derivatives

SSE Star Market Stocks to Be Included in Stock Connect

By Editors | 28/07/2019

A shares listed on the SSE Star Market will be eligible for northbound trading once relevant business and technical preparations are completed.