New regulations will require firms involved in securities and futures markets to set up separate AML/CTF units, boost FSC inspection powers.
Investment advisors can use robo-advisory technology to execute transactions and rebalance portfolios for clients as long as preset investment scale and return standards are maintained.
Securities law won’t be amended until October; firms asked to contact regulators if they cannot meet 1 July deadline.
Securities firm to launch inverse and leveraged products this month.
New rules aim to improve borrowing and lending operations in the equity market.
Asia Pacific countries the source of more than half of all DDoS botnet attacks, Nexus Guard says.
Move comes after securities firm hacked, asked to pay ransom or face further attacks.
But ratings agency notes pivot towards rest of APAC EM might pressure loan quality.
Draft rules aim to boost securities sector amidst low trading volumes, stiff competition.