Trading & Investment

FMA Proposes Guidance for Advising on IPOs, Listed Equity

07/07/2022

The guidance explains the FMA’s approach to applying and enforcing Code Standard 3 of the Code of Professional Conduct for Financial Advice Services.

Conduct, Culture & Accountability

MAS, IBF Adjust Training Scheme Funding Parameters

07/07/2022

MAS says training and upskilling culture in the financial sector workforce has taken root, and high uptake in training is encouraging.

Conduct, Culture & Accountability

APRA Proposes Enhanced Disclosures on Remuneration, Risk Metrics

07/07/2022

APRA proposes to require FIs to publicly disclose how their remuneration arrangements are designed and how risk is factored into remuneration outcomes for key executives.

Tokenisation

Japanese Brokerages to Launch Digital Token Operations – Report

07/07/2022

Nomura and SBI will invest in and offer services to support startups and other companies that are looking to raise funds using digital tokens.

Market Abuse

China to Intensify Supervision of Hog Futures Market

07/07/2022

The Dalian Commodity Exchange has been directed to enhance supervision and monitoring for abnormal transactions and speculative activity.

Trading & Investment

ASIC Issues Guidance on Using Superannuation Forecasting tools

07/07/2022

Under the retirement income covenant, superannuation trustees are expected to consider providing superannuation calculators or retirement estimates to members.

Market Risk

SAFE Issues New Guidelines on Exchange Rate Risk Management

06/07/2022

The guidelines will help enterprises better understand exchange rate hedging and improve their management of currency risks, SAFE said.

Structural Regulation

BSEC Orders Stock Exchanges to Establish Integrated Reporting Platform

06/07/2022

The DSE and CSE were instructed to consolidate their online data gathering, information submission and dissemination platforms into a single integrated platform.

Supervision & Enforcement

CFTC Fines BNP, JPM for Swap Reporting Violations

06/07/2022

BNP Paribas agreed to pay USD 6 million for failing to correctly report over three million swap transactions. JPMorgan was fined USD 850,000.