Markets & Infrastructure

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    Market Abuse

    Shanghai Chipmaker Barred from Launching IPO for 5yrs

    By Editors | 12/06/2024

    The company, already penalised for inflating its 2020 profits, is now barred from listing its shares for five years.

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    Trading & Investment

    SEBI Launches Free Programme to Boost Investor Education

    By Ajoy K Das | 12/06/2024

    The investor certification examination aims to enhance digital financial education about investing in the Indian securities market.

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    Cryptocurrency

    Australia Bans Use of Crypto, Credit for Online Gambling

    By Editors | 12/06/2024

    Cryptocurrencies, credit cards, and other new forms of credit cannot be used as payment methods for online gambling.

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    Cybersecurity

    Singapore Shift to Flexible Work Calls for Extra Safeguards at FIs

    By Nithya Subramanian | 12/06/2024

    FIs may need to revisit their existing security policies and more closely monitor for staff misconduct.

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    Structural Regulation

    Singapore Consults on Implementation of Global Minimum Tax

    By Nithya Subramanian | 12/06/2024

    The proposed bill aims to ensure that large MNEs are taxed at 15 percent, in line with international tax reforms drawn up by the OECD.

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    Structural Regulation

    Japan Passes Law to Allow Intangible Assets as Loan Collateral

    By Editors | 12/06/2024

    The law will enable businesses to obtain loans backed by future cash flows and other intangible assets such as intellectual property.

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    Trading & Investment

    New Zealand FMA Proposes New Rules for Derivatives Issuers

    By Sanday Chongo Kabange | 12/06/2024

    The FMA proposes to limit the amount of leverage that derivative issuers can offer, and to require them to conduct suitability checks.

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    Trading & Investment

    China: Stock Exchanges Issue New Programme Trading Rules

    By Mark Johnston | 12/06/2024

    HFT will be subject to differentiated fees based on indicators such as the number and frequency of orders submitted and withdrawn.

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    Conduct, Culture & Accountability

    Bank Failures of 2023 Show Lack of Focus on Culture Risk

    By Manesh Samtani | 12/06/2024

    Starling Compendium says culture and conduct risk should be recognised by prudential regulators as sources of systemic risk.

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    Conduct, Culture & Accountability

    Australia Consults on Draft Regulations for Financial Advice Reforms

    By Sanday Chongo Kabange | 12/06/2024

    The consultation proposes regulations to support the delivery of the first tranche of reforms to increase access to affordable financial advice.

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