SECURITIES / DERIVATIVES

Securities / Derivatives

Japan Strengthens Disclosure Rules for Strategic Shareholdings

By Thisanka Siripala | 29/11/2024

The new rule requires detailed disclosures for shares transitioned from strategic holdings to pure investment objectives.

Enforcement

Malaysia: Court of Appeal Upholds SC’s Case Related to Insider Trading

By Nithya Subramanian | 29/11/2024

The former deputy chairman of a listed company was ordered to pay MYR 3.28 million in disgorgement and a MYR 1 million civil penalty.

Enforcement

UK FCA Fines Macquarie Unit £13m for Control Failures

By Mark Johnston | 28/11/2024

The FCA said serious control failures allowed a junior trader to conceal over 400 fictitious trades to hide trading losses.

Securities / Derivatives

HKIC Invites Firms to Help Manage New CIES Investment Portfolio

By Sanday Chongo Kabange | 28/11/2024

Eligible fund managers have until 10 December to submit their proposals on how to achieve the objectives of the CIES investment portfolio.

Crypto / Digital Assets

UK FCA Unveils Plans for Crypto Regulation, Tokenisation

By Manesh Samtani | 28/11/2024

Several discussion papers and consultations will be issued between now and early 2026. The new crypto regime will go live within 2026.

Market Infrastructure

ASX Targets 2029 Delivery for CHESS Replacement Project

By Sanday Chongo Kabange | 28/11/2024

Release 1 (clearing services) will be delivered by 2026 and Release 2 (settlement and subregister services) in 2029.

Enforcement

MAS Bans Former UOB Representative for 14 Years

By Nithya Subramanian | 27/11/2024

MAS has prohibited Loh Sheng Yang from offering financial advisory and capital markets services after he defrauded 17 victims of over S$1 million.

Securities / Derivatives

SEBI Mandates Mark-to-Market Valuation for Mutual Fund Repo Transactions

By Editors | 27/11/2024

Mutual fund investments in repo transactions with tenors up to 30 days shall be valued on a mark-to-market basis.

Securities / Derivatives

Korea Releases Revision Bills on Measures to Prevent Naked Short-selling

By Editors | 27/11/2024

The revision bills specify details regarding the repayment period for borrowed stocks, internal control standards, and securities firm obligations, among other measures.