Securities / Derivatives

Securities / Derivatives

New Zealand FMA Issues Guidance on Protecting Client Assets

By Sanday Chongo Kabange | 27/07/2024

The guidance note applies to financial service providers that hold or deal with client money or property on behalf of clients, including stockbrokers and custodians.

Securities / Derivatives

PASLA Publishes APAC Securities Lending Market Guide 2024

By Editors | 26/07/2024

The guide provides information on securities finance markets across APAC, including recommendations for promoting more openness, transparency and efficiency.

Capital / Liquidity

EU Adopts Delegated Act to Postpone FRTB Implementation

By Manesh Samtani | 26/07/2024

FRTB will be postponed in the EU to “preserve the global level playing field” for internationally active European banks in respect of their trading activities.

Securities / Derivatives

Most Individual Investors Lose Money on Intraday Trading: SEBI Study

By Ajoy K Das | 26/07/2024

Over 70 percent of individual investors engaging in intraday stock trading experienced losses during 2022-23, SEBI found in a new study.

Market Infrastructure

Australia Explores Benefits of Central Clearing for Bond, Repo Markets

By Sanday Chongo Kabange | 26/07/2024

The CFR says changes in the size and structure of the Australian bond and repo markets may have strengthened the case for introducing central clearing.

Securities / Derivatives

HKEX Facing Pushback on Corporate Governance Reform Proposals

By Editors | 26/07/2024

The proposed nine-year tenure limit for INEDs is “inappropriate”, according to Mike Wong, chief executive of the Chamber of Hong Kong Listed Companies.

Securities / Derivatives

ASIC Files Lawsuit Against COFCO for Wheat Futures Manipulation

By Nithya Subramanian | 26/07/2024

ASIC alleged that COFCO manipulated contracts by placing orders shortly before the market close, creating an artificial daily settlement price.

Enforcement

Korea FSS Takes Action Against BNK Financial Group, Busan Bank

By Editors | 26/07/2024

The FSS found that executives and employees of both companies manipulated BNK Financial’s stock price when going through the process of a paid-in capital increase.

Enforcement

Korea FSS Considers New Rules to Prevent Mis-selling

By Editors | 25/07/2024

Measures being considered would require banks to separate their sales channels for high-risk products from deposits and installment savings counters.