Markets & Infrastructure

Trading & Investment

ASIC Calls on Industry to Give Better Advice on Choice Super

By Sanday Chongo Kabange | 22/02/2024

An ASIC review found that members “persistently” invest in underperforming Choice products that “adversely” impact their retirement outcomes.

Structural Regulation

EU Removes Four Jurisdictions from Tax Blacklist

By Mark Johnston | 22/02/2024

Hong Kong was also removed from the EU’s state-of-play document for making further improvements to its tax policies.

Trading & Investment

China: Firms Told to Not Be Net Sellers at Market Open and Close

By Manesh Samtani | 22/02/2024

Some asset managers and prop trading desks of brokerages are prohibited from being net sellers during the first and last 30 minutes of trading.

PEPs & Sanctions

HSBC Wins Approval to Sell Russian Unit to Expobank

By Editors | 21/02/2024

HSBC announced in June 2022 that it had struck a deal to sell its Russian unit, but it has taken until now for approval from Vladimir Putin.

KYC & CDD

CBA Becomes First Australia-based LEI Validation Agent

By Editors | 21/02/2024

CBA can now obtain and maintain LEIs for clients leveraging its ‘business-as-usual’ KYC and onboarding processes.

Structural Regulation

Thailand: SET to Enhance Supervision of Listed Companies

By Sanday Chongo Kabange | 21/02/2024

The SET will improve its mechanism for warning investors when a company has financial problems and faces delisting.

Trading & Investment

HKEX Introduces Exemption for Dealing in Suspended Securities

By Sanday Chongo Kabange | 21/02/2024

An exemption to the restriction on dealing in suspended securities has been introduced to facilitate stock option settlement.

Trading & Investment

FSS Korea Clarifies Role in Seeking Redress for Investors

By Editors | 21/02/2024

FSS responds to calls for a court, rather than the regulator, should prepare compensation plans for investors in loss-making ELS products.

Trading & Investment

Indonesia OJK Outlines Plans for Developing Capital Market

By Mark Johnston | 21/02/2024

OJK plans measures to increase retail investor participation, boost market liquidity, and introduce new derivatives products.