Markets & Infrastructure

Conduct, Culture & Accountability

Australian Court Penalises Dover Financial Advisers for Misconduct

By Editors | 09/03/2021

The penalty is part of the fallout from a 2019 federal court judgment that Dover Financial Advisers engaged in “false, misleading or deceptive conduct”.

Structural Regulation

HK Bourse Offers Guidance on Compliance with BCAN Requirements

By Editors | 08/03/2021

Exchange participants are “strongly advised” to strengthen controls and take immediate action to rectify any breaches of BCAN requirements.

Structural Regulation

Indonesia Stock Exchange Considers Allowing SPAC Listings

By Editors | 08/03/2021

IDX’s decision has reportedly prompted concerns about governance, investor protection and inflated valuations for early-stage companies.

Market Abuse

SEBI Directs MIIs to Establish Controls to Prevent Market Abuse

By Editors | 08/03/2021

Stock exchanges, clearing corporations and depositories are asked to establish a code of conduct and institutional mechanism to prevent fraud and market abuse.

Sustainable Finance

SGX Acquires Stake in Rubber Trading Platform HeveaConnect

By Ranamita Chakraborty | 08/03/2021

The investment will bolster HeveaConnect’s capability as a price discovery platform for sustainable natural rubber, in line with SGX’s recent focus on sustainability.

Liquidity Risk

IOSCO to Review Liquidity Risk Management at Investment Funds

By Sanday Chongo Kabange | 08/03/2021

IOSCO is asking asset managers to participate in a survey on their liquidity risk management practices and experiences during the March 2020 market turmoil.

Trading & Investment

JPX Launches English Disclosure Portal for Listed Companies

By Sanday Chongo Kabange | 08/03/2021

Listed companies that have yet to issue disclosures in English have cited the large amount of resources required to prepare documents as their main obstacle.

Trading & Investment

HKEX Sets Launch Date for Phase Two VCM Enhancements

By Editors | 08/03/2021

The second phase enhancement will allow multiple triggers of the Volatility Control Mechanism per applicable security in the same trading session.

Structural Regulation

FCA Formally Announces Intended Cessation Dates for LIBOR

By Manesh Samtani | 07/03/2021

ISDA has confirmed that the FCA’s announcement constitutes an index cessation event and that the spread adjustment to be used in fallbacks has been fixed.