United States

    Enforcement

    US SEC Charges Chinese Traders in Market Manipulation Scheme

    By Editors | 21/10/2019

    The market manipulation scheme involved 18 traders primarily based in China, over 3,900 US-listed securities and over $31mn in illicit profits.

    Enforcement

    Former Supervisor at ICBC Unit Settles with US SEC

    By Editors | 18/10/2019

    The former supervisor of ICBC’s US broker-dealer unit has agreed to settle charges for failures involving the improper handling of transactions of ADRs.

    Capital / Liquidity

    US Fed Finalises Easier Capital, Liquidity Rules for Banks

    By Editors | 14/10/2019

    Banks that present less risk, including foreign banks, will have reduced requirements. An idea to subject US branches of foreign banks to new liquidity requirements has also been dropped.

    Securities / Derivatives

    SEBI Allows Indian Firms to Issue Depository Receipts

    By Editors | 12/10/2019

    Domestically listed companies will be allowed to issue depository receipts on certain international bourses as well as on GIFT City exchanges.

    Sanctions

    Philippine SEC Proposes New Rules for REITs

    By Editors | 10/10/2019

    The SEC hopes to develop a viable REIT market to provide funding for infrastructure projects and investment opportunities for local investors.

    Capital / Liquidity

    Volcker Rule Rewrite Gets Final Approval After Fed Sign-off

    By Editors | 10/10/2019

    The revisions continue to prohibit proprietary trading, while providing greater clarity and certainty for activities allowed under the law.

    Capital / Liquidity

    Initial Margin Challenges Confronting Asian Markets

    By Purtini Joshi | 08/10/2019

    DTCC’s Purtini Joshi outlines three key challenges firms need to address to ensure compliance with Phase 5 and Phase 6 implementation of initial margin regulations.

    New HKMA Chief Signals Priorities for Term Ahead

    By Manesh Samtani | 04/10/2019

    Incoming HKMA chief Eddie Yue vowed to defend Hong Kong’s currency peg, promote market development opportunities, and foster a better ecosystem for fintech, regtech and suptech.

    Market Infrastructure

    CFTC Proposals on Foreign CCPs Can be Improved: WFE

    By Editors | 26/09/2019

    While the WFE welcomes the CFTC proposals as a step towards reducing regulatory fragmentation, it says they can be made more risk-sensitive and better tailored to today’s markets.

    Securities / Derivatives

    Taiwan to List First Offshore Nasdaq-100 Index Futures

    By Editors | 26/09/2019

    Monday will mark the first time Nasdaq-100 index futures are listed outside the US, the result of a collaboration between CME Group and TAIFEX.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.