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Fraud, Scams & Cybercrime
SFC Bans Former Dah Sing Bank Representative for Life
By Editors | 28/02/2023
The former relationship manager convinced an elderly customer to redeem an investment and then used the proceeds to repay his own debts.

Trading & Investment
HKMA Offers Guidance on Streamlining Investment Sales Process
By Editors | 28/02/2023
The HKMA said “misunderstandings” on the regulatory standards that may have may have lengthened investment product selling processes.

Trading & Investment
Taiwan FSC Announcing Easing of Short Selling Restrictions
By Editors | 28/02/2023
The FSC has eased the limit on the volume of intraday securities lending orders and lowered short-sale margin requirements.

Trading & Investment
BondEvalue Approved to Operate Fractional Bond Exchange in GIFT City
By Editors | 28/02/2023
GIFT City members and their clients will be able to access institutional-grade USD bonds via BondbloX Exchange.

Alternative Markets
NSE India Wins Final Approval to Launch Social Stock Exchange
By Editors | 27/02/2023
NSE said the social stock exchange would provide a new avenue for social enterprises to finance social initiatives.

Structural Regulation
HKEX to Adjust Rules to Support CSRC’s New Overseas Listing Regime
By Editors | 27/02/2023
Listing applicants from the Mainland will have to submit to HKEX a notification issued by the CSRC confirming their completion of Mainland’s filing procedures.

Trading & Investment
Stock Connect Trading Calendars Adjustments to Take Effect in April
By Editors | 27/02/2023
The trading calendar enhancements will add more than ten trading days to northbound and southbound Connect each year.

Structural Regulation
Korea to Enhance Regulatory Framework for Asset Securitisation
By Editors | 27/02/2023
The amendments aim to increase the flexibility of asset securitisation as a fundraising tool, while also improving transparency and risk management.

Payments & Settlements
FSB Sets Out Next Steps for Enhancing Cross-border Payments
By Editors | 26/02/2023
The next phase of work focuses on payment system interoperability, legal and regulatory frameworks, and cross-border data exchange.

Data Privacy
UK, Australia Should Draw Open Banking Lessons from Each Other
By Mark Johnston | 26/02/2023
NatWest and National Australia Bank published a white paper drawing lessons from the UK and Australia’s open banking implementations.
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