Markets & Infrastructure

Supervision & Enforcement

ASIC Report Highlights Hardship Misconduct as Key Focus

By Thisanka Siripala | 12/09/2024

ASIC said it is actively conducting investigations into suspected breaches by lenders of their financial hardship obligations.

Supervision & Enforcement

China NFRA Revises Rules on Handling Criminal Cases Involving FIs

By Editors | 11/09/2024

The revised rules specify time limits for reporting and requirements for FIs to optimise case management and pursue individual accountability.

Conduct, Culture & Accountability

ASIC Directs Product Issuers to Improve DDO Compliance

By Sanday Chongo Kabange | 11/09/2024

ASIC’s Alan Kirkland called on issuers to ensure that their product design and distribution practices are “up to scratch”.

Structural Regulation

SEBI Streamlines Registration Process for Foreign VC Firms

By Ajoy K Das | 11/09/2024

From 1 Jan 2025, resident Indians, non-resident Indians, and overseas citizens of India can be constituents of the FVCI applicant.

Structural Regulation

ACCC Updates Guidelines on Interim Authorisation

By Sanday Chongo Kabange | 11/09/2024

The updated guidelines seek to clarify expectations around how the ACCC makes decisions on granting interim authorisation.

Conduct, Culture & Accountability

MAS Reprimands Insurance CEO for Compliance Breaches

By Nithya Subramanian | 11/09/2024

The former CEO was aware of breaches but failed to take adequate preventive measures despite written directions from MAS.

Trading & Investment

SFC Sets Rules for Distributing Research on Stock Connect ETFs

By Manesh Samtani | 10/09/2024

Hong Kong intermediaries are allowed to distribute research reports of eligible Mainland ETFs that are available in Hong Kong via Stock Connect.

Conduct, Culture & Accountability

US SEC Fines 9 Investment Advisors for Marketing Rule Violations

By Nithya Subramanian | 10/09/2024

The SEC imposed fines totalling $1.24mn after it found that nine firms issued advertisements with false or unsubstantiated claims.

Trading & Investment

South Korea Faces Calls to Address Rapid Rise in ‘Zombie’ ETFs

By Thisanka Siripala | 10/09/2024

Experts are urging regulators to intervene and protect investors from underperforming ‘zombie’ ETFs, which can trap investor funds and offer limited returns.