All posts tagged "Market manipulation"
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2.6KAML / KYCUPDATED – Wirecard Fraud: A Timeline of Events
Wirecard has filed for insolvency amid multiple probes. BaFin faces scrutiny for mishandling clear red flags. EY faces lawsuits for failing to catch the improprieties earlier.
June 30, 2020 -
1.3KEnforcement
BaFin Efficacy Called into Question for Wirecard Handling
Last February, BaFin responded to whistleblower allegations and critical media reports by banning short-selling in Wirecard and filing criminal charges against journalists.
June 22, 2020 -
1.4KAsia-PacificRadical Steps Needed from Vietnam Banking Sector
Vietnam’s banking sector must take radical steps to adopt international capital rules, reporting requirements and trading practices, says Francois Denimal at FIS.
June 9, 2020 -
368EnforcementS. Korean Prosecutors Seek Arrest of Samsung Execs for Illegal Trading
Samsung's de facto head, Lee Jae-yong, and two of his senior lieutenants could face charges of illegal trading and stock price manipulation, among other charges.
June 8, 2020 -
450ChinaCSRC Bans Six Executives for Kangmei Pharma Accounting Fraud
The company and 21 of its employees have also been fined for using false documents and transaction records to inflate cash positions.
May 17, 2020 -
448Securities & TradingSGX RegCo to Scrap Minimum Trading Price Rule from 1 June
The MTP rule is described as a "blunt tool" for addressing risk of market manipulation, compared to more effective tools that target such manipulation directly.
May 11, 2020 -
550EnforcementSingapore: Four Individuals Charged for Illegal Trading
An investor used share financing facilities from two banks and third-party trading accounts procured by three brokers to manipulate the price of Sky One Holdings shares.
March 27, 2020 -
5.7KFeatureHKMA Sets Out Expectations on Algo-Trading Risk Management
During thematic examinations last year, the HKMA observed a number of sound practices used by some institutions to manage the risks associated with algorithmic trading.
March 6, 2020 -
452ChinaNew Securities Law Set to Take Effect in China
The new law, set to take effect on Sunday, establishes the legal basis for the adoption of a registration-based IPO system across the entire A-share market.
February 28, 2020 -
733AML / KYCSEBI to Augment Social Media Monitoring to Fight Manipulation
SEBI is working on a 'data lake' project that will use AI, machine learning and NLP tech to analyse unstructured data and augment market surveillance.
January 24, 2020
