All posts tagged "Underwriting"
-
596Australia & NZANZ, Citi, Deutsche to Defend Against Criminal Cartel Charges in September
The government accuses the banks of forming a criminal cartel to either “directly or indirectly” restrict the supply of ANZ shares or maintain the price of ANZ shares.
July 12, 2019 -
400ChinaChina to Resume Approvals for Domestically Funded Securities Firms
All newly approved brokerages since 2008 have been joint ventures between domestic and foreign investors. But market access should also be broadened to domestic investors, the CSRC says.
July 8, 2019 -
484Hong KongASIFMA Standardises Underwriter Documentation for Hong Kong IPOs
The initiative will promote efficiency and reduce costs and legal risks by offering standardised forms for agreements among underwriters and between underwriting syndicates.
June 24, 2019 -
846EnforcementSFC Fines UBS and Others HK$787mn for IPO Sponsor Failures
“The sanctions send a strong and clear message to the market that we will not hesitate to hold errant sponsors accountable for their misconduct,” said SFC chief Ashley Alder.
March 15, 2019 -
905EnforcementUBS, StanChart to Settle Hong Kong IPO Misconduct Case
The case goes back to the 2009 listing of a Chinese timber company, which was later suspended for accounting irregularities. Details of the settlement will be released at a later date.
March 12, 2019 -
611EnforcementSFC Suspends China Merchants Securities Exec Over Sponsor Work
The SFC said Wu Yinong breached the Code of Conduct and the Sponsor Guidelines when he was a sponsor principal in charge of supervising the execution of a 2009 listing application.
February 28, 2019 -
1.6KFeatureInsurance a Critical Part of Cyber Risk Response – MAS
Only 6% of global cyber insurance premiums come from APAC, said MAS division head Elean Chin at the launch of a new report which reveals the inadequacy of cyber risk preparedness.
February 1, 2019 -
581ChinaChina Consults on Rules for Shanghai’s New Science and Technology Board
New rules under consultation cover auditing, issuance, listing, underwriting, trading and supervision of companies listed on the SSE's new science and technology board.
January 31, 2019 -
462China
China Details Penalties for Bond Underwriting Kickbacks
The CSRC will ban or impose penalties on firms engaging that help companies with low creditworthiness issue debt in exchange for under-the-table payments.
September 21, 2018 -
559Australia & NZ
ASIC Pursues Civil Penalty for ANZ Disclosure Breach
ANZ failed to disclose in its 2015 capital raising that underwriters Citi and Deutsche took up one-third of its share placement.
September 17, 2018
