LATEST NEWS

Market Infrastructure

SFC, CSRC Agree to Align Trading Calendars for Stock Connect

By Sanday Chongo Kabange | 15/08/2022

Northbound and southbound Stock Connect trading will be possible on all trading days when both the Hong Kong and Mainland China markets are open.

Market Infrastructure

Malaysia Reassures Public After Data Breach at Payments Firm

By Editors | 15/08/2022

The iPay88 breach will be raised in a Cabinet meeting to discuss a proposal to establish a Royal Commission of Inquiry to investigate the incident.

Securities / Derivatives

Five Chinese Heavyweights to Delist from US Exchanges

By Editors | 15/08/2022

The companies cited the small trading volume of their shares in New York, without mentioning any ongoing disputes between US and Chinese authorities.

Crypto / Digital Assets

Philippines: BSP to Suspend VASP Licensing for Three Years

By Editors | 15/08/2022

Starting from 1 September, new VASP licence applications will only be entertained if they come from existing BSP-supervised financial institutions.

AML / KYC

INTERPOL Launches Global Money Mule Awareness Campaign

By Editors | 15/08/2022

The Japan-funded global campaign will run for two weeks until 26 August 2022 on social media, with support from 34 countries worldwide.

Enforcement

China: Nine Execs Allegedly Linked to Semiconductor Fund Fraud

By Editors | 14/08/2022

Executives from a high-profile chipmaker, a fund that invested in it, and the manager of the fund are under investigation in a fraud and corruption probe.

Capital / Liquidity

APRA Corporate Plan Highlights Focus on Industry Resilience

By Sanday Chongo Kabange | 14/08/2022

In its latest corporate plan, APRA said its focus is to ‘protect the community today’ and ensure the financial system is ‘prepared for tomorrow’.

Enforcement

Taiwan FSC Again Fines HK Firm for Faulty Beneficiary Disclosure

By Editors | 14/08/2022

Hong Kong-based Capital Target was fined last May and ordered to reduce its shareholdings in a Taiwanese financial conglomerate.

Securities / Derivatives

SEBI Amends Due Diligence Guidelines for Debenture Trustees

By Editors | 14/08/2022

The enhanced guidelines cover empanelment of external agencies for due diligence, conflicts of interest policy, and allow the creation of additional security post NCD listing.