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Reporting on regulatory frameworks and rules governing market design, authorisation, and oversight of key financial market participants and infrastructures.

Supervision & Enforcement
US Finalises Rule to Expand Enforcement Authorities of CFIUS
By Editors | 20/11/2024
The final rule increases penalties for violations and expands the types of information CFIUS can demand from transacting parties and third parties.

Market Abuse
Korea FSS to End Short-Selling Investigation by Year-End
By Nithya Subramanian | 20/11/2024
FSS Governor Lee Bok-hyun told Hong Kong institutional investors that the investigation into illegal short selling will be complete by year-end.

Fraud, Scams & Cybercrime
CSRC Takes Over Futures Firm for “Out-of-control Management”
By Editors | 20/11/2024
Hehe Futures Co Ltd is controlled by Lin Qiang, a fugitive tycoon who was arrested in Indonesia last month after fleeing China in August 2023.

Structural Regulation
S. Korea and Poland to Boost Cooperation on Banking
By Mark Johnston | 20/11/2024
About 370 Korean companies operate in Poland, but none are financial companies. The MOU will enable Korean banks to expand to Poland.

Structural Regulation
CSRC to Launch New Round of Market Reforms
By Editors | 20/11/2024
Top CSRC officials said at the HKEX Connect Summit that a better environment will be created for international investors.

Trading & Investment
CSRC Issues New Market Value Management Guidelines
By Manesh Samtani | 20/11/2024
The guidelines require companies trading below their net asset value for 12 months to formulate and disclose a valuation improvement plan.

Payments & Settlements
Australia Sets Out Roadmap for Ending Cheque Use
By Sanday Chongo Kabange | 19/11/2024
Cheques will stop being issued by mid-2028 and stop being accepted on 30 September 2029.

Structural Regulation
ASX Files Defence in ASIC’s Misleading Statements Case
By Sanday Chongo Kabange | 19/11/2024
CEO Helen Lofthouse said there was a “reasonable basis” for the statements ASX made about the CHESS replacement project’s progress on 10 February 2022 and it did not breach the law.

AI Risk & Governance
SEBI Proposes Reforms to Make Firms Responsible for AI Use
By Nithya Subramanian | 19/11/2024
SEBI is proposing amendments that will make MIIs, intermediaries and other regulated entities accountable for their use of AI/ML tools.

Trading & Investment
HKEX, HSIL Launch New Index Focused on Stock Connect
By Sanday Chongo Kabange | 19/11/2024
The ‘Stock Connect China Enterprises Index’, or SCCEA, will track the largest Chinese companies under the Stock Connect scheme.
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