Trading & Investment

Structural Regulation

UK, Switzerland to Mutual Recognise Financial Services Laws

By Editors | 22/12/2023

For certain sectors, UK financial services firms will be able to serve clients in Switzerland while largely following UK rules, and vice versa.

Trading & Investment

SEBI, NSE, NSDL Face $172m Liability Following SAT Ruling

By Ajoy K Das | 22/12/2023

A Securities Appellate Tribunal decision may require SEBI, NSE and NSDL to compensate banks that lent to Karvy Stock Broking.

Market Abuse

Korea Considers Naked Short-selling Penalties for Global Banks

By Editors | 22/12/2023

Last month, Korean regulators said they found that the Hong Kong units of HSBC and BNP Paribas committed naked short selling.

Payments & Settlements

China to Add Macau Pataca to Interbank FX Trading System

By Editors | 22/12/2023

Trading in the RMB/MOP currency pair will launch on 2 January 2024, and in the USD/MOP and HKD/MOP pairs from 2 March.

Fraud, Scams & Cybercrime

HK SFC Issues Warning About More Suspicious VATPs

By Sanday Chongo Kabange | 21/12/2023

The SFC said the police have blocked the two platforms in Hong Kong over suspected fraudulent activities related to virtual assets.

Structural Regulation

Hong Kong to Revive Immigration Scheme for Investors

By Nithya Subramanian | 21/12/2023

The minimum investment stands at HK$30mn and includes a mandatory financial commitment to bolster local technology and innovation.

Liquidity Risk

FSB, IOSCO Issue Guidance to Address Liquidity Mismatch in Funds

By Manesh Samtani | 21/12/2023

The FSB recommendations and IOSCO guidance aim to strengthen liquidity management by managers of open-ended funds.

Sustainable Finance

ASX Looks into Developing Australia’s First Carbon Exchange

By Ranamita Chakraborty | 20/12/2023

The exchange seeks to make participation in carbon markets more accessible, but its launch depends on regulatory and other approvals.

Trading & Investment

SFC Reminds Market of Coming Changes to Position Limit Regime

By Mark Johnston | 20/12/2023

The SFC has published an FAQ and updated its guidance note to help market participants understand the amendments, which come into force on Friday.