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Enforcement
ASIC Fines Openmarkets Record $4.5m for Compliance Failures
By Sanday Chongo Kabange | 06/07/2023
ASIC says Openmarkets did not carry out effective trade surveillance, and banned its former acting head of trading for three years.

Market Infrastructure
ASX CHESS Replacement Project Under Continued Scrutiny
By Sanday Chongo Kabange | 28/06/2023
ASIC chair Joe Longo said ASX had an “engagement problem” and that officials were working to boost oversight of the CHESS replacement project.

HKEX Expands Global Footprint with New York Office
By Editors | 22/06/2023
HKEX chief Nicolas Aguzin said the new office will better connect “two of the most important financial centres in the world”.

ESG / Sustainability
Climate Impact X Launches Spot Trading Platform for Carbon Credits
By Ranamita Chakraborty | 08/06/2023
**CIX told Regulation Asia that it is seeking alignment with IOSCO’s principles for commodity price benchmarks – a detailed set of guidelines relating to governance and control systems.
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Fintech / Regtech
Thai Bourse Launches New Trading System Using Nasdaq Tech
By Editors | 01/06/2023
The new trading system was launched by SET and TFEX along with new data distribution and market surveillance systems, using Nasdaq technology.

Market Infrastructure
SGX Lists First Thai Stocks as Depository Receipts
By Manesh Samtani | 31/05/2023
The first three SDRs were issued by Phillip Securities, representing beneficial ownership interest in the underlying securities of three SET50 companies.

AML / KYC
ChatGPT Could ‘Turbocharge’ Fraud and Scams: US FTC Chair
By Editors | 23/04/2023
The FTC plans to use existing authorities to pursue companies who misuse AI to violate laws against unfair and deceptive acts.

ESG / Sustainability
New Zealand Considers Climate Reporting Exemptions for Secondary Listed Issuers
By Sanday Chongo Kabange | 15/03/2023
The exemptions seek to reduce compliance costs for foreign exempt issuers that already produce similar reporting in their home jurisdiction.

Market Infrastructure
14 European Exchanges Join Forces to Develop Consolidated Tape
By Editors | 22/02/2023
The participating exchange groups include Deutsche Boerse Group, Euronext, Nasdaq, and SIX Group, as well as the local exchanges in several European cities.

Crypto / Digital Assets
CME to Launch Event Contracts on Bitcoin Futures
By Editors | 16/02/2023
The new event contracts will provide a highly transparent and less complex way for investors to access crypto markets, said Tim McCourt.
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