Market Abuse

Market Abuse

Hong Kong: Six Current & Former Directors Fined Over Inside Information

By Editors | 14/05/2021

Timely disclosure of inside information is central to the orderly operation of the market and underpins a fair and informed market, the SFC said.

Cryptocurrency

Korean Lawmakers Push for Tougher Crypto Legislation

By Sanday Chongo Kabange | 11/05/2021

Lawmakers are pushing for tougher crypto legislation to protect crypto investors against unfair practices and price manipulation.

Fraud, Scams & Cybercrime

HKEX Proceeds to Delist Shares of Convoy Global Holdings

By Sanday Chongo Kabange | 06/05/2021

HKEX says its Listing Review Committee has upheld the May 2020 decision to cancel the listing of Convoy Global Holdings.

Market Abuse

ASIC Files Suit Against Westpac for Alleged Insider Trading

By Editors | 05/05/2021

ASIC says Westpac traded interest rate derivatives to pre-position itself while knowing it would be selected to execute a A$12bn interest rate swap hours later.

Market Abuse

FSC Warns Against Illegal Moves as Korea Resumes Short-Selling

By Manesh Samtani | 03/05/2021

Korean regulators have been working to enhance protection measures for retail investors ahead of the partial resumption of short-selling on Monday.

Trading & Investment

China Consults on Expanded Scope of Futures Law

By Sanday Chongo Kabange | 03/05/2021

The revised draft expands the scope of the law to also cover “other derivatives”, while also raising penalties for violations.

Supervision & Enforcement

SEC Thailand Seeks Investigative, Prosecutorial Powers

By Editors | 29/04/2021

The SEC seeks powers to investigate and prosecute its own cases and speed up enforcement against capital market violations.

Market Abuse

Taiwan FSC Fines Fund Managers for Stock Manipulation

By Ranamita Chakraborty | 25/04/2021

The three fund managers bought shares in Far Eastern Department Store at the request of a former official who has since been charged with corruption.

Cryptocurrency

US House Passes Bill to Foster Innovation in Digital Assets

By Editors | 25/04/2021

The bill will require the SEC and CFTC to establish a digital asset working group to ensure collaboration between regulators and the private sector on digital assets.