Markets & Infrastructure

Conduct, Culture & Accountability

Australia MFAA Supports AFCA Proposal to Enhance Complaints Resolution

By Editors | 21/06/2023

MFAA said AFCA’s proposal will enhance the efficiency of its complaint processes and will make the scheme fairer for all participants.

DeFi & Web3

French Regulator Calls for Global Approach to DeFi Regulation

By Editors | 21/06/2023

The AMF seeks a “balanced regulatory framework that will help support the sound development of decentralised finance in the long run”.

Conduct, Culture & Accountability

Korea FTC Investigates Securities Firms for Price Fixing

By Sanday Chongo Kabange | 21/06/2023

The FTC sent investigators to the offices of Samsung Securities, Meritz Securities, Kiwoom Securities and KB Securities and seized documents.

Structural Regulation

SEBI Mandates Simplified Stock Market Access for Clients

By Mark Johnston | 21/06/2023

Brokers are mandated to offer clients access to all active stock exchanges they are registered with by default.

Fraud, Scams & Cybercrime

HKMA Directs Banks to Enhance Protections for Payment Card Customers

By Sanday Chongo Kabange | 21/06/2023

Banks are directed to comply with new guidance by end June 2023. For enhancements that require system changes, banks should comply within six months.

Structural Regulation

SEBI Directs Online Bond Platforms to Stop Offering Prohibited Products

By Ranamita Chakraborty | 21/06/2023

SEBI has observed that some online bond platform providers are offering clients access to unlisted bonds and other unregulated products.

Trading & Investment

SFC Grants Securities Licence to Virtual Bank for the First Time

By Editors | 21/06/2023

With the new licence, Mox Bank will start piloting Hong Kong and US equity trading services in the HKMA sandbox “soon”.

Tokenisation

BIS Offers Blueprint for Future Monetary & Financial System

By Editors | 21/06/2023

The BIS says the future financial system will combine tokenised money and assets on a programmable platform.

Cloud & Infrastructure

China Urges Greater Use of Digital Means for Cross-border Business

By Editors | 21/06/2023

PBOC and SAFE issued a draft notice allowing banks to conduct capital account business online for market players by using electronic documents.