All posts tagged "Brokers"
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284EnforcementSFC Set to Deploy Data Analytics in Broker Inspections
High volume brokers were asked in 2019 to adopt new data standards to enable more timely data submissions to regulators when requested.
April 30, 2021 -
174KoreaNew Rules for Private Equity Funds Take Effect in Korea
The new rules imposing stricter requirements on leverage, cross trading, sales practices and risk management, among other areas.
March 23, 2021 -
218Enforcement
S. Korea Amends Bill to Protect Private Equity Fund Investors
The revision bill addresses issues with feeder funds, cross investing between PEFs managed by the same entity, and inappropriate sales activities involving coercive sales tactics.
March 12, 2021 -
262EnforcementTaiwan FSC Penalises Brokers for Lax Security Controls
Cathay Securities, Concord Securities and SinoPac Securities were fined the most and barred from certain business and capital raising activities for three months.
March 5, 2021 -
134IndiaSEBI, FinMin Order NSE to Explain Three Hour Trading Halt
NSE had attributed the trading halt to issues with their links to two telecom service providers. An interim report is expected within 24 hours.
February 25, 2021 -
170Asia-PacificSri Lanka Issues Good Practices Guidelines for Stockbrokers
The guidelines are mandatory and require immediate implementation. Three months' grace is given for a new cap on investment advisor commissions.
January 27, 2021 -
190Asia-PacificSri Lanka SEC Approves New IPO Process, Relaxed Listing Rules
The SEC has asked the Colombo Stock Exchange to implement a broad programme to educate companies on the simplified processes and encourage them to list.
January 25, 2021 -
388AML / KYCBSP Highlights AML Risks of Cash, Cross-Border Payments
Suspected criminal proceeds mostly came from Australia, Germany, Singapore, the UK and the US. The top destinations of suspected illicit funds were Hong Kong, Singapore and the US.
January 25, 2021 -
209KoreaKorea to Require Brokers, Insurers to Enhance FX Risk Management
Non-banking financial institutions will have to report details about their FX exposures monthly to ensure their FX liquidity remains adequate.
January 21, 2021 -
228EnforcementTaiwan FSC Fines KGI Securities Over Poor Internal Controls
The case relates to the August suicide of a former KGI Securities employee, who suffered large investment losses as a result of illegal futures trades for his clients.
December 31, 2020
