Markets & Infrastructure

Conduct, Culture & Accountability

Japan FSA Demands Explanation for Miscounted Shareholder Votes

By Editors | 30/09/2020

Sumitomo Mitsui Trust and Mizuho Trust could face business improvement orders, depending on their explanations and the measures they have planned to prevent recurrence.

Payments & Settlements

MAS Orders Wirecard Entities to Cease Singapore Payment Services

By Editors | 30/09/2020

Wirecard has informed MAS that it is unable to continue providing payment processing services to a significant number of merchants.

Trading & Investment

Goldman to Build Out FX Trading Infrastructure in Singapore

By Editors | 30/09/2020

Goldman expects its FX pricing engine in Singapore to be live in the first quarter of 2021 across deliverable and non-deliverable currencies.

Trading & Investment

RegTech Asia 2020: Trade Surveillance and Monitoring

By Editors | 30/09/2020

What has the increased use of new client communication modalities to facilitate trading amid the pandemic meant for market surveillance and regulatory compliance?

Structural Regulation

KRX Offers English Translation Service for Company Filings

By Sanday Chongo Kabange | 29/09/2020

KRX says its investor base will expand by allowing foreigners improved accessibility to English language disclosures of listed companies.

Trading & Investment

Singapore Extends Measures on Electronic Offer Documents

By Editors | 29/09/2020

Listed issuers and parties involved in rights issues and takeover or merger transactions can electronically disseminate offer documents for 9 more months.

Trading & Investment

SEBI Guidelines for Investment Advisers Take Effect

By Duruthu E Chandrasekera | 29/09/2020

The guidelines, finalised in July, require investment advisors to only offer either advisory or distribution services to a client, but not both.

DeFi & Web3

Ant Group Launches New Digital Trade, Financing Platform

By Sanday Chongo Kabange | 29/09/2020

DBS, BNP Paribas, Citibank, Deutsche Bank and StanChart have partnered with Ant Group to help optimise cross-border processes on the new blockchain powered platform.

Supervision & Enforcement

SFC Fines China Everbright Over Expired Standing Authority

By Editors | 29/09/2020

The standing authority used to pledge client securities to obtain credit lines from banks was not renewed due to a miscommunication between compliance teams.