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Enforcement
Singapore Court Issues First Jail Sentence for 2013 Penny Stock Crash
By Editors | 22/03/2019
Former Ipco International interim CEO Goh Hin Calm was sentenced to three years imprisonment for his role in the 2013 multi-billion-dollar penny stock crash.
Securities / Derivatives
ISDA Publishes Full Version of Derivatives Lifecycle Blueprint
By Editors | 22/03/2019
The ISDA Common Domain Model for interest rate and credit derivatives has been published, part of a push to standardise global derivatives trading and automate market practices.
Securities / Derivatives
SFC Orders Brokers to Freeze Client Assets in Market Manipulation Case
By Editors | 22/03/2019
The prohibition orders as part an investigation into suspicious trading which appeared to create a false market in China Ding Yi Feng shares leading to an “irrationally high share price”.
Market Infrastructure
SEBI Consults on Adoption of Dual Class Share Structures
By Editors | 22/03/2019
SEBI’s consultation paper seeks feedback on the issuance of dual class shares by companies already listed in India and those that may be in future.
Securities / Derivatives
ACMF Advances Efforts on Sustainable Finance, Regional Connectivity
By Editors | 20/03/2019
The ASEAN Capital Markets Forum has endorsed a roadmap for promoting sustainable investment and launched a framework for cross-border publication of research.
Securities / Derivatives
Shanghai’s New High-Tech Board Starts Receiving IPO Applications
By Editors | 20/03/2019
Eleven firms have so far announced plans to list on the new board, six of which are already traded on OTC markets or other exchanges.
Securities / Derivatives
SFC Extends Compliance Deadline for New Rules on Complex Products
By Editors | 20/03/2019
The SFC has extended the deadline for compliance with new rules requiring firms to ensure client suitability when selling complex products by two months.
Market Infrastructure
ASIFMA Paper Offers Policy Suggestions on Improving China Market Access
By Manesh Samtani | 20/03/2019
A new ASIFMA paper provides policy recommendations for making China’s capital markets easier to access and more attractive to foreign institutional investors.
Market Infrastructure
NSE-SGX Final Arbitration Decision Deferred to December 2020
By Editors | 20/03/2019
The deferment means Singapore Exchange will be able to continue offering SGX Nifty products until a long term solution is agreed.
Crypto / Digital Assets
Japan to Impose Margin Trading Limits in Cryptocurrency Sector
By Editors | 20/03/2019
New rules will limit cryptocurrency margin trading to two-to-four times initial deposits and require exchanges offering margin facilities to register separately with government.
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