Market Abuse

Trading & Investment

FSC Korea to Allow Partial Resumption of Short-selling in May

By Manesh Samtani | 03/02/2021

By May, new rules will be in place to guard against illegal short selling, prevent abuse by market makers, and increase retail investor access to short-selling opportunities.

Market Abuse

CFTC Files Suit Against Nomura Trader for Manipulative Trading

By Editors | 03/02/2021

The former trader manipulated the price of 10-year swap spreads to reflect lower pricing of bonds and a related swap, at the expense of the issuer.

Market Abuse

Regulators, Lawmakers Express Concerns Over GameStop Trading

By Manesh Samtani | 01/02/2021

Regulators from the US to the UK and Malaysia have issued statements expressing concerns over the heightened volatility seen in the US market over the past week.

Supervision & Enforcement

Germany’s BaFin to Be Reorganised, Top Officials Forced Out

By Editors | 31/01/2021

Finance minister Olaf Scholz said the Wirecard affair revealed a need to reorganise Germany’s system of financial regulation “so that it can fulfil its supervisory role more effectively”.

Market Abuse

Taiwan to Punish Foreign Banks for Facilitating Currency Speculation

By Editors | 26/01/2021

The banks helped grains merchants trade in deliverable FX forwards in contravention of foreign exchange regulations.

Market Abuse

CSRC Revises Rules for Banning Access to Securities Market

By Editors | 24/01/2021

The draft rules will allow regulators to restrict an individual or entity from trading in all securities and securities investment funds nationwide for up to 5 years.

Market Abuse

FSC Korea Prepares to Lift Ban on Illegal Short Selling

By Sanday Chongo Kabange | 16/01/2021

The FSC has revised the FSCMA enforcement decree as part of efforts to strengthen penalties for illegal short selling, as it prepares to lift a ban on short selling in March.

Market Abuse

NAFMII Identifies Regulatory Breaches at Haitong Securities

By Editors | 14/01/2021

The breaches have been reported to the PBOC and CSRC, which are likely to issue penalties to Haitong Securities and its subsidiaries.

Market Abuse

Taiwan Central Bank Probes for Suspected Currency Speculation

By Editors | 14/01/2021

The Taiwan dollar is up 1.4% against the US dollar this year, raising concerns from the government that Taiwan could be labelled a manipulator by the US.