All posts tagged "SEC"
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99Asia-PacificPhilippine Bourse Proposes Tightening of Delisting Rules
Under the proposed rules, a voluntary delisting must be approved by all independent directors and by stockholders owning at least 75 percent of the total outstanding listed shares.
December 6, 2019 -
169Asia-PacificThailand to Launches DLT Pilot Trading Corporate Bonds
The DLT project was first announced in September, and will first test trading with bonds before expanding to equities, derivatives and investment funds.
November 26, 2019 -
317Asia-Pacific
Philippine SEC Orders Takeover of Brokerage Following Stock Theft
A settlement clerk siphoned client securities into a private account and sold them over eight years, leaving a $13.8 million hole in R&L Investments’ books.
November 19, 2019 -
274Asia-PacificSET Launches Interbank Payment System for Securities Transactions
The new system will provide greater convenience for investors, alleviate intermediaries' cash management burden, and mitigate payment risks in the banking system.
November 13, 2019 -
512Asia-PacificThailand Eases Capital Controls to Stem Currency’s Rise
Investors are allowed to invest up to $200,000 in foreign securities without going through a Thai intermediary, and restrictions on outward fund transfers have been eased.
November 8, 2019 -
261Asia-PacificPhilippines Mulls Imposing Limits on Lending Rates, Fees
The BSP is considering placing limits on the interest rates and other fees lenders and finance companies can charge borrowers in response to a request from the SEC.
October 30, 2019 -
544EnforcementSEBI, US SEC Probe IT Major Infosys for “Unethical Practices”
SEBI and the US SEC are probing Infosys after whistleblowers alleged costs were under-reported to inflate profits and "critical information" was hidden from auditors and the board.
October 28, 2019 -
6291Contributed ArticleRegulatory Data: Arrows for the Quiver?
Banks need to be cognisant of how the data they provide to regulators is being used, says Herbert Smith Freehills in its 2019 Global Bank Review.
October 25, 2019 -
342Asia-PacificThailand SEC Approves First ICO Portal
Under Thailand's regulatory framework, 'ICO portals' help screen ICOs, conduct due diligence, prove smart contract source codes and verify KYC processes before they are released to the market.
October 23, 2019 -
326ChinaUS SEC Charges Chinese Traders in Market Manipulation Scheme
The market manipulation scheme involved 18 traders primarily based in China, over 3,900 US-listed securities and over $31mn in illicit profits.
October 21, 2019
