Market Abuse

Market Abuse

Singapore: Four Individuals Charged for Illegal Trading

By Editors | 26/03/2020

An investor used share financing facilities from two banks and third-party trading accounts procured by three brokers to manipulate the price of Sky One Holdings shares.

Structural Regulation

New Securities Law Set to Take Effect in China

By Editors | 27/02/2020

The new law, set to take effect on Sunday, establishes the legal basis for the adoption of a registration-based IPO system across the entire A-share market.

Market Abuse

IOOF Faces Shareholder Class Action for Misconduct Non-disclosure

By Editors | 27/02/2020

Reports of potential misconduct first appeared in June 2015, followed by senate hearings and questioning from the Royal Commission, resulting in shareholder losses.

Conduct, Culture & Accountability

TWSE Amends Listed Company Guidelines to Enhance Governance, CSR

By Editors | 18/02/2020

The amendments include stock trading controls to prevent insider trading, ethical management units at listed companies, and disclosures of governance practices for managing climate risk.

Market Abuse

SEBI Introduces New System to Detect Broker Misuse of Client Securities

By Editors | 17/02/2020

An online register will record brokers’ holdings of client securities, clubbing all such information collected by exchanges, depositories and clearing corporations for all types of trades.

Market Abuse

BSP Bars Bank Affiliates from Holding Bank-Issued Debt

By Editors | 12/02/2020

The prohibition is aimed at preventing related parties from obtaining undue advantage when transacting in debt instruments issued by affiliated banks.

Trading & Investment

SGX RegCo Enhances Market Surveillance with Artificial Intelligence

By Editors | 12/02/2020

The introduction of AI will help isolate unusual activity by learning from historical trading patterns and filtering out noise.

Market Abuse

SFC Imposes One-Year Ban on RHB Securities Analyst

By Editors | 06/02/2020

The analyst traded stocks covered in research reports he prepared through his father’s securities trading account held at another brokerage.

Market Abuse

SEBI to Augment Social Media Monitoring to Fight Manipulation

By Editors | 24/01/2020

SEBI is working on a ‘data lake’ project that will use AI, machine learning and NLP tech to analyse unstructured data and augment market surveillance.