Securities / Derivatives

Enforcement

FSS Korea Probes Daegu Bank for Unauthorised Account Opening

By Mark Johnston | 14/08/2023

South Korea’s FSS has launched an emergency inspection on Daegu Bank over suspected unauthorised securities account opening.

Enforcement

SFC, CSRC Agree to Allow Block Trading on Stock Connect

By Editors | 14/08/2023

Block trading will enhance price discovery and encourage more overseas investors to participate in the A-share market through Stock Connect, said the SFC’s Julia Leung.

Enforcement

Kakao Founder’s Office Searched Over Stock Manipulation Allegations

By Sanday Chongo Kabange | 11/08/2023

The FSS raided the office of Kakao founder Kim Beom-su and confiscated materials related to allegations of market manipulation.

Securities / Derivatives

SEBI Streamlines Approval Process for Change in Control of Merchant Bankers

By Editors | 10/08/2023

SEBI has streamlined the procedure of obtaining prior approval for a proposed change in control of merchant bankers and bankers to an issue.

Fintech / Regtech

China Launches New Data Platform for Regional Equity Markets

By Editors | 10/08/2023

The platform enables market participants to gain a unified view of corporate data from China’s 30-plus regional equity markets.

Enforcement

Korean Regulators Discover Insider Trades at Securities Firm

By Sanday Chongo Kabange | 10/08/2023

Employees at the securities unit of an unnamed bank used nonpublic information about bonus issues by listed companies to generate billions of won in profits.

Securities / Derivatives

APRA Finalises Methodology for Combining MySuper Performance Histories

By Mark Johnston | 10/08/2023

The methodology will apply in the MySuper performance test, for situations such as product mergers or closures where performance histories must be combined.

Securities / Derivatives

SEBI Shortens Share Listing Timeline for Public Issuances

By Editors | 10/08/2023

SEBI reduces share listing timeline for public issues from T+6 to T+3 to enhance capital market efficiency.

AML / KYC

Cambodia to Leverage Indonesia Experience to Strengthen Non-Bank Financial Sectors 

By Editors | 10/08/2023

The MoU will help Cambodia enhance its non-bank financial services sectors, focusing on knowledge exchange and collaborative development.