Regulator’s managing director says Singapore lacks the capital and talent of other fintech centres.
US bank’s Hong Kong securities operation says to review internal controls to ensure compliance.
Forfeiture the largest ever in New Zealand and first related to crimes alleged to have occurred in China.
Several companies which had been barred from the securities market can now conduct transactions.
Low value shares with higher market capitalisation show better liquidity and lower volatility, exchange says.
Businesses will need to adjust to platform limits; limits also placed on individual borrowing.
Norms for client code modifications also liberalised.
EU, Australia, Japan and HK deferments could be followed by US and Japan; call variation margining plans into question.
SFC, HKEX consultation reveals fundamental conflict between legal enforcement and listing approval.
Letter to regulated entities says CPS 226 implementation deferred due to international delays.