Market Abuse

Market Abuse

Korea FSS to Bolster Capacity at Special Investigations Unit

By Editors | 16/01/2022

The FSS said an increase in manpower and an expansion of the unit’s scope are needed to strengthen its capacity to respond to unfair trading practices in the capital market.

Market Abuse

Malaysia SC Charges Serba Dinamik Execs for False Disclosure

By Ranamita Chakraborty | 06/01/2022

Four executives of oil and gas engineering company Serba Dinamik have been charged for submitting a false statement to Bursa Malaysia.

Market Abuse

BaFin Fines Deutsche Bank for Over EURIBOR Control Lapses

By Editors | 04/01/2022

BaFin found flaws in the processes used by Deutsche Bank to calculate EURIBOR between April 2019 and April 2020.

Conduct, Culture & Accountability

BNM Finalises Guidance for Wholesale Financial Market Conduct

By Mark Johnston | 04/01/2022

Market conduct risk assessments should be done at least annually, to serve as a systematic method for assessing susceptibility to misconduct and documenting mitigating actions or controls.

Structural Regulation

Sri Lanka Regulator to Align Rules with New SEC Act Within January

By Duruthu E Chandrasekera | 28/12/2021

The new SEC Act passed in September paves the way for new rules and guidelines to raise ESG standards among listed companies in Sri Lanka.

Market Abuse

US Authorities Criminally Convict NatWest on Spoofing Charges

By Editors | 24/12/2021

NatWest traders engaged in schemes to defraud in connection with spoof orders designed to profit from manipulation of the US Treasury securities and futures markets, the DOJ said.

Market Abuse

Japan SESC Recommends Fine for Insider Trading on Crypto Hack

By Editors | 20/12/2021

An individual who learned about the July 2019 theft of cryptocurrency from BITPoint Japan sold shares in its parent before the hack was publicly disclosed.

Market Abuse

Hong Kong, Singapore Authorities Arrest 10 in Joint Operation

By Manesh Samtani | 16/12/2021

Six senior executives of Hong Kong listed companies were among those arrested, for operating a cross-border pump-and-dump manipulation scheme.

Market Abuse

TWSE Amends Corporate Governance, Insider Trading Rules

By Sanday Chongo Kabange | 15/12/2021

Insiders cannot trade shares 15 days before quarterly reports and 30 days before annual reports. Board independence and diversity rules also included.