Under a new system being proposed, crypto exchanges will coordinate to stop trading in tokens that become excessively volatile within 24 hours.
June 20, 2022The government will also continue a consultation process started by Josh Frydenberg on a regulatory framework for the crypto sector.
June 15, 2022Kanv Pandit highlights the need for a 'metacode of conduct' to protect metaverse users from loss and fraud until regulation catches up.
June 14, 2022The Financial Services Council is calling for the introduction of a mandatory code of conduct for digital platforms like Facebook and Google to prevent financial scams.
May 23, 2022A new database will be established to maintain records on China's 360,000 brokers. The process for Hong Kong and Taiwan licensees to practice in the mainland is simplified.
May 13, 2022Insurers and takaful operators must undertake a due diligence process that includes reference checks with all of an agent's current and former employers.
April 30, 2022The listing rule amendments, due to take effect in August, are a consequence of changes to the Code of Conduct finalised by the SFC in October.
April 25, 2022Upper and middle layer NBFCs have until 1 October 2023 to install a compliance function and chief compliance officer.
April 21, 2022The representative conducted 1,089 trades in clients’ stock options accounts but was only given specific authorisation for 87 trades of the trades.
April 13, 2022The committee will suggest measures to improve governance at market infrastructure institutions, including NSE, which experienced lapses during the tenure of its former CEO.
April 12, 2022