Market Abuse

Market Abuse

FSS Korea to Probe Samsung Securities for Regulatory Violations

By Editors | 11/01/2021

The FSS will look into whether loans granted to executives violated the capital market law and whether the firm influenced a merger involving one of its subsidiaries.

Market Abuse

SEBI Fines Reliance Industries, Mukesh Ambani for Manipulative Trading

By Editors | 05/01/2021

Reliance Industries entered into an arrangement with 12 agents to corner Reliance Petroleum futures and earn undue profits, SEBI said.

Market Abuse

China: Revised Criminal Law Raises Penalties for Capital Market Offences

By Editors | 02/01/2021

The amendments focus on fraudulent issuance, information disclosure falsification, provision of false certification documents by intermediaries, and market manipulation.

Market Abuse

FSC Korea Unveils Additional Measures to Curb Illegal Short Selling

By Editors | 21/12/2020

The FSC will place new restrictions on market makers, revamp the rebate system, and set up a new monitoring system to detect illegal short selling activity.

Structural Regulation

China Seeks to Improve Market Quality with New Delisting Rules

By Editors | 21/12/2020

Companies will be automatically delisted if their shares close below 1 yuan, or their market value remains below 300mn yuan, for 20 consecutive trading days.

Anti-Money Laundering

FATF Warns of Continued Criminal Exploitation of Covid-19

By Manesh Samtani | 17/12/2020

The effective use of technology to support onboarding and ensure effective information sharing has become even more important, the FATF says.

Reporting & Disclosures

SGX Wins Exchange of the Year in Regulation Asia Awards

By Editors | 15/12/2020

SGX has this year been boosting awareness of ESG and sustainability issues, deploying innovative solutions to combat market abuse, and helping firms to mitigate Covid-19 disruptions.

Market Abuse

NICE Actimize Awarded Best Solution in Market & Trading Surveillance

By Editors | 15/12/2020

NICE Actimize uses artificial intelligence and analytics to spot market abuse, conduct risk and suspicious communications early on, thereby preventing reputational, financial and regulatory risk.

Market Abuse

South Korea to Punish Illegal Short Sellers with Jail Time

By Editors | 13/12/2020

Under a revision bill that could take effect by Q2, naked short sellers will face up to a year in jail or up to five times profits on a trade.