Markets & Infrastructure

Market Abuse

Bursa Malaysia Suspends Prop Trader For Order Book Manipulation

By Sanday Chongo Kabange | 10/09/2020

The trader placed buy orders at multiple price levels to induce other participants into the market and facilitate his own disposal of the shares at higher prices.

Conduct, Culture & Accountability

MAS Finalises Individual Accountability and Conduct Guidelines

By Manesh Samtani | 10/09/2020

Financial institutions are expected to strengthen senior manager accountability and promote a culture of ethical behaviour. The guidelines take effect on 10 September 2021.

Trading & Investment

BSP to Start Issuing Debt Securities Next Week

By Editors | 10/09/2020

The BSP’s authority to issue its own debt paper was restored through legislation passed last year. The first auction of BSP securities will take place on 18 September.

Structural Regulation

MAS to Intensify Supervisory Engagement to Drive SORA Transition

By Manesh Samtani | 09/09/2020

In an ABS virtual roundtable, MAS deputy managing director Jacqueline Loh spoke of a three-pillar approach to support a smooth transition from SOR to SORA.

Trading & Investment

Colombo Exchange Eyes New Measures to Lure Foreign Investment

By Duruthu E Chandrasekera | 09/09/2020

Besides tax incentives, CSE Chairman Dumith Fernando told Regulation Asia the exchange has initiated a five-pronged strategy to bolster the capital market.

CBDCs

Mastercard Launches Virtual Testing Environment for CBDCs

By Editors | 09/09/2020

The platform enables the simulation of issuance, distribution and exchange of CBDCs between banks, financial service providers and consumers.

Conduct, Culture & Accountability

China Banking Association Publishes New Code of Ethics

By Editors | 09/09/2020

The new Code will establish a system to “blacklist” and “greylist” banking practitioners who violate laws, regulations and discipline, and impose new obligations on senior managers.

Trading & Investment

TWSE to Launch Market Making System by June 2021

By Editors | 09/09/2020

Brokerages electing to serve as market makers will benefit through reduced handling fees, and be allowed to freely choose which eligible shares to trade.

Structural Regulation

Mox Bank Launches Virtual Banking Services in Hong Kong

By Manesh Samtani | 09/09/2020

Mox Bank, backed by Standard Chartered, PCCW, HKT and Ctrip Financial, is first opening accounts for its 20,000 pre-registrants before it opens to the rest of the public.