Market Abuse

Supervision & Enforcement

HK SFC Fined Firms $3.33mn in 1H16

By Samuel Riding | 09/12/2016

Disciplinary actions up 67%; civil proceedings rise 23%; completed investigations increase by 24%.

Market Abuse

Japanese Regulator Recommends Morgan Stanley Fine

By Samuel Riding | 07/12/2016

SESC suggests unit be fined $1.9mn for market manipulation including placing orders without intent to trade.

Trading & Investment

Shenzhen-HK Stock Connect Opens

By Samuel Riding | 05/12/2016

Accompanying rules aim to curb cross-border illegal activity, market misconduct.

Market Abuse

Japan to Introduce Corporate Disclosure Rules

By Samuel Riding | 04/12/2016

Measures will aim to prevent information leaks; follow censures of Deutsche, Credit Suisse.

Market Abuse

ASX to Take Control of BBSW

By Samuel Riding | 02/12/2016

Financial Markets Association to hand over reins as ASIC cases continue.

Market Abuse

China Sets up Regional Financial Crime Bureaus

By Samuel Riding | 01/12/2016

Move is a response to stock market ‘irregularities’; teams cover five provincies/cities.

Market Abuse

Updated – ANZ, Macquarie to Pay $11mn for ‘Cartel Conduct’

By Samuel Riding | 27/11/2016

Two banks admit cartel conduct in trading MYR forex contracts out of Singapore in 2011.,

Market Abuse

ASIC Pursues Civil Claim for Market Integrity Breaches

By Samuel Riding | 23/11/2016

Regulator has issued 51 infringement notices since 2010; case relates to only one not complied with.

Market Abuse

CSRC ‘Punishes’ Investor for Illegal Stock Connect Trading

By Samuel Riding | 21/11/2016

Regulator has recently warned of market manipulation; Shenzhen-HK link due to launch this month