Under ASIC’s new immunity policy, individuals who have engaged with others to commit market misconduct offences can seek immunity by reporting the misconduct.
February 25, 2021Listed companies are required to establish a system for the registration and management of individuals who possess inside information.
February 13, 2021Finance minister Olaf Scholz said the Wirecard affair revealed a need to reorganise Germany’s system of financial regulation “so that it can fulfil its supervisory role more effectively”.
February 1, 2021The draft rules will allow regulators to restrict an individual or entity from trading in all securities and securities investment funds nationwide for up to 5 years.
January 25, 2021New rules set to take effect in April will streamline administration of market makers and for the first time establish an incentive mechanism.
January 4, 2021The effective use of technology to support onboarding and ensure effective information sharing has become even more important, the FATF says.
December 18, 2020The former senior partner of a law firm acquired shares in Worldwide Holdings in the months leading up to an announcement that the firm would be privatised.
November 6, 2020The SEC is planning to hire a consultant to assess its existing surveillance system and make recommendations on procuring a new system.
September 24, 2020Currently, unfair trading activities are punishable under criminal law, but prosecutions often take a long time due to the high burden of proof required.
September 21, 2020Wirecard will be a compliance and audit training reference point for years to come, says compliance expert Oonagh van den Berg, recounting the warning signs in the years-long lead up to its collapse.
September 18, 2020