Securities / Derivatives

Enforcement

HK Court Freezes Assets of Former Morgan Stanley Manager

By Editors | 03/05/2023

The former manager used inside information from a deal Morgan Stanley was advising on to generate HK$4.2mn in profits for herself and a friend.

Enforcement

Philippine SEC Issues Implementing Rules for Consumer Protection Act

By Sanday Chongo Kabange | 01/05/2023

The implementing rules set out the enforcement actions the SEC may take as well as measures to protect financial consumers.

Securities / Derivatives

SEBI Bans Brokers from Pledging Client Funds for Bank Guarantees

By Editors | 01/05/2023

Existing bank guarantees created from client funds must be wound down by 30 September, to prevent misuse of investors’ money.

Market Infrastructure

PBOC Issues Rules to Facilitate Introduction of Swap Connect

By Editors | 01/05/2023

Initially, centrally-cleared interest rate swap products will be eligible for trading under the northbound scheme. A southbound leg will be considered later.

Fintech / Regtech

ASX Issues Update on CHESS Replacement Partnership Programme

By Editors | 01/05/2023

Under the A$70mn Partnership Programme, ASX will offer payouts to stakeholders to support their efforts in meeting project milestones.

Securities / Derivatives

Korea Exchange to Jointly Develop Indices With Cboe

By Editors | 01/05/2023

Cboe Global Indices and KRX will publish advanced strategic indices based on Korean derivatives, including KOSPI 200 options.

Securities / Derivatives

BSP Streamlines and Expands Currency Hedging Facility

By Editors | 30/04/2023

The BSP approved amendments to make it easier for clients of large banks to hedge peso-US dollar exposures through NDFs.

Securities / Derivatives

China Outlines Plan for Shifting Enterprise Bond Oversight to CSRC

By Editors | 30/04/2023

Enterprise bonds, mainly issued by large state-owned enterprises, have to date been subject to oversight and supervision by the NDRC.

Enforcement

Korean Authorities Probe Manipulation in Eight Stocks

By Editors | 30/04/2023

Prosecutors have issued travel bans on ten individuals who are suspected of engaging in stock price manipulation activities.