Securities / Derivatives

Market Infrastructure

ASIC to Review ASX Risk Management

By Samuel Riding | 22/12/2016

Commission says ASX adhered to procedure during outage, but some areas needs to be enhanced.

Securities / Derivatives

Australia, India Sanction Banks for Forex Violations

By Samuel Riding | 22/12/2016

2 Australian banks to make $3.6mn ‘community benefit’ payments, RBI fines 5 banks total of $844.

Securities / Derivatives

Hong Kong Trials Short Position Reporting Rules

By Samuel Riding | 20/12/2016

New requirements due to come into effect on March 15.

Market Infrastructure

EC Grants CCP/Trading Venue Equivalency to 6 APAC Jurisdictions

By Samuel Riding | 20/12/2016

CCP regulation deemed equivalent in India, New Zealand and Japan; venues in Australia, Japan and Singapore.

Securities / Derivatives

HK SFC Asks Brokerage to Freeze Client Account

By Samuel Riding | 19/12/2016

Regulator says client account is suspected of being involved in market manipulation, account hacking.

AML / KYC

HK SFC Issues Management Accountability Rules

By Samuel Riding | 19/12/2016

Proposals cover eight main functions including compliance and AML/CTF.

Securities / Derivatives

India Seeks to Ban 5 Brokers Over NSEL Scam

By Samuel Riding | 16/12/2016

Court order includes accusations that brokers are not ‘fit and proper’ to act in securities market.

Securities / Derivatives

SFC Revokes Securities Firm License for ‘Egregious Conduct’

By Samuel Riding | 16/12/2016

Officers banned from the industry for using client money for personal use.

Market Infrastructure

Deloitte’s NSE Audit Finds ‘Technical Lapses’

By Samuel Riding | 16/12/2016

No individual involvement or human fault involved, report will say.