JML’s Response to HKEX’s Consultation Paper on Proposed Amendments to Listing Rules relating to Shares Schemes of Listed Issuers
20211231_Shares Schemes_Response_SummaryYear: 2021
Financial Services Regulatory Update 2021/12/24
- Talent Building, Skills Maps and Market Quality – A Comparison between the Approaches of Hong Kong and Singapore
- The Stock Exchange of Hong Kong Limited Announces New Listing Regime for Special Purpose Acquisition Companies
- Hong Kong-Singapore Joint Operation Against Suspected Cross-Border Ramp-and-Dump Syndicate
- The Green and Sustainable Finance Cross-Agency Steering Group of Hong Kong Announces Progress and Way Forward to Advance Hong Kong’s Green and Sustainable Finance Development
- Hong Kong Securities and Futures Commission Introduces Next Generation Digital Licensing Platform
- China Securities Regulatory Commission Spokesperson Answers Reporter Questions Regarding Recent Statements of the United States Public Company Accounting Oversight Board
Financial Services Regulatory Update 2021/12/10
- Hong Kong Financial Reporting Council Launches New Whistleblowing Policy
- Hong Kong Securities and Futures Commission Publishes Review of The Stock Exchange of Hong Kong Limited’s Performance in its Regulation of Listing Matters
- Hong Kong Exchanges and Clearing Limited Publishes Net-Zero Guide & Announces New ESG Data Display
- Hong Kong Monetary Authority Promulgated the Implementation Details of the Cross-boundary Wealth Management Connect in the Guangdong-Hong Kong-Macao Greater Bay Area
- China Securities Regulatory Commission Spokesperson Answered Reporter Questions Regarding Recent Statement
Financial Services Regulatory Update 2021/11/26
- The Growing Significance of Online Platform to Facilitate Shareholders’ Meetings — Observations from the Case Re Chong Hing Bank Limited (創興銀行有限公司)
- The Stock Exchange of Hong Kong Limited Publishes Conclusions on Reforms to Enhance Listing Regime for Overseas Issuers
- Hong Kong Monetary Authority Takes Disciplinary Actions Against Four Banks for Contraventions of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance
- The China Securities Regulatory Commission Vice Chairman Fang Xinghai Commenting on China-ASEAN Capital Market Cooperation at the 2021 China-Singapore (Chongqing) Strategic Connectivity Demonstration Project Financial Summit
Financial Services Regulatory Update 2021/11/12
- Digitalized Environment, Social & Governance (ESG) Reporting – Comparative Review Between Hong Kong’s and Singapore’s Approaches
- Hong Kong Securities and Futures Commission Concludes Consultation on Conduct Requirements for Bookbuilding and Placing Activities
- The Stock Exchange of Hong Kong Limited Publishes Consultation Paper on Proposed Amendments to Listing Rules Relating to Share Schemes of Listed Issuers
- Hong Kong Monetary Authority Launches AML Regtech Lab
- China Securities Regulatory Commission Releases the Main Rules and Regulations for the Establishment of the Beijing Stock Exchange
Financial Services Regulatory Update 2021/10/29
- Comparative Review of Regulators’ Approaches Towards Financial Institutions’ Due Diligence Against Potential Frauds, Bribery and Other Red Flags
- Hong Kong Monetary Authority Announces a List of Eligible Banks in Hong Kong for Launching the Cross-boundary Wealth Management Connect Pilot Scheme
- The People’s Bank of China and the Hong Kong Monetary Authority Sign the “Memorandum of Understanding on Fintech Innovation Supervisory Cooperation in the Guangdong-Hong Kong-Macao Greater Bay Area”
- The Stock Exchange of Hong Kong Limited Launches e-Learning on Continuing Obligations
- Hong Kong Insurance Authority Welcomes the Inaugural Issuance of Insurance-linked Securities in Hong Kong
- China Securities Regulatory Commission Announced Financial Derivatives Accessible to Qualified Foreign Investors
Financial Services Regulatory Update 2021/10/15
- Hong Kong Securities and Futures Commission and Hong Kong Monetary Authority Issue Results of Joint Survey on the Sale of Non-exchange Traded Investment Products – Reflecting on Hong Kong’s Development as an Asset Management Hub
- Hong Kong Monetary Authority Publishes Technical Whitepaper on Retail Central Bank Digital Currency
- The Stock Exchange of Hong Kong Limited Publishes Consultation Paper on Special Purpose Acquisition Companies
- Hong Kong Companies Registry Publishes Re-domiciliation Mechanisms under the Open-ended Fund Company and Limited Partnership Fund Regimes to be Introduced with Effect from November 1, 2021
- Monetary Authority of Singapore and Financial Industry to Use New Digital Platform to Fight Money Laundering – Comparison with Hong Kong Monetary Authority’s New Collaboration Initiative
- China Securities Regulatory Commission Chairman Speaks on Openness and Cooperation: the Role of Capital Markets in Post-Pandemic Recovery
Lectures on Hong Kong Listing Rules – How to Avoid an Option to Exit a Joint Venture (with Uncertain Exercise Price) from being Deemed as a Major Transaction Requiring Shareholders’ Approval
Lectures on Hong Kong Listing Rules
How to Avoid an Option to Exit a Joint Venture (with Uncertain Exercise Price) from being Deemed as a Major Transaction Requiring Shareholders’ Approval
Lectures on Listing Rules_20210930_eHong Kong Licensed Corporations Alert 2021/09/17
- The Stock Exchange of Hong Kong Limited Launches Consultation on Hong Kong’s Special Purpose Acquisition Companies (SPAC) Regime Proposing a Minimum HK$1 Billion Initial Offering, Voting-related Redemption Restrictions and Specific Role of SPAC Licensed Promoter
- Updates on Hong Kong Securities and Futures Commission’s Anti-money Laundering and Counter-Financing of Terrorism Guidelines
- Management Experience Requirements for Responsible Officers and Related Transferability Issues in the Hong Kong Markets
- The Process of Regulation is Subject to Judicial Scrutiny in Open Court – Balancing Interests of Fund Investors and Public Interests in the Case of Christopher James Aarons v. Securities and Futures Commission, SFAT Application No.1 of 2021
Financial Services Regulatory Update 2021/09/03
- Steering Committee on Bond Market Development in Hong Kong Convenes First Meeting – Rethinking Green Finance – Should We Have “Carbon Connect”?
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against Coolpad Group Limited (Stock Code: 2369) and Six Former Directors
- Hong Kong Exchanges and Clearing Limited to Launch Derivatives Product on New MSCI China A 50 Connect Index
- Hong Kong Exchanges and Clearing Limited Signs Memorandum of Understanding with Guangzhou Futures Exchange
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against a Former Director of Grand Peace Group Holdings Limited (Delisted, previous Stock Code: 8108)
- Hong Kong Exchanges and Clearing Limited to Collaborate with Hong Kong Science and Technology Parks Corporation on Biotech, Fintech Initiatives
- Hong Kong Securities and Futures Commission Concludes Consultation on Climate-Related Risks in Funds
- Hong Kong Securities and Futures Commission Approves the Launch of an A shares Index Futures Contract by the Hong Kong Exchanges and Clearing Limited
- Hong Kong Securities and Futures Commission and Police Conduct Joint Operation Against Listed Company and Senior Executives in HK$450 Million Corporate Fraud Case
- Hong Kong Securities and Futures Commission Alerts the Public of Unauthorized Investment Schemes
- Hong Kong Securities and Futures Commission Suspends Cheung Man Chit for Two Years
- U.S. Federal Court Orders Multi-Million Dollar Ponzi Scheme Fraudster Permanently Banned from Trading and Registering with U.S. Commodity Futures Trading Commission
- U.S. Commodity Futures Trading Commission Orders a Man to Pay US$150,000 for Registration Violation and Violations of Commodity Pool Operator Regulations
- U.S. Federal Court Orders a Man and Two Companies to Pay Over US$15.6 Million for Forex Fraud and Registration Violations
- U.S. Commodity Futures Trading Commission Amends Existing Brexit-Related Relief to Provide Market Certainty
- U.S. Securities and Exchange Commission Announces Three Actions Charging Deficient Cybersecurity Procedures
- U.S. Securities and Exchange Commission Requests Information and Public Comment on Matters Related to the Use of Digital Engagement Practices by Broker-Dealers and Investment Advisers
- U.S. Securities and Exchange Commission Charges Global Crypto Lending Platform and Top Executives in US$2 Billion Fraud
- U.S. Securities and Exchange Commission Charges Underwriter and Its Former CEO With Misconduct In Muni Bond Tender Offer
- U.S. Securities and Exchange Commission Charges Healthcare Services Company and CFO for Failing to Accurately Report Loss Contingencies as part of Continuing Earnings Per Share Initiative
- Shenzhen Stock Exchange Solicits Opinions on the Revision of the Implementation Rules on the IPO Stock Issuance and Underwriting Business on the ChiNext Board
- Shanghai Stock Exchange Solicits Public Opinions on the Revision of Business Rules related to the Issuance and Underwriting of Shares on the STAR Market
- Singapore Exchange Securities Trading Limited Listings Disciplinary Committee Reprimands Astaka Holdings Limited, its Present Executive Director and Former CEO Zamani Bin Kasim, and its Former CFO Lee Shih Yi
- Singapore Exchange Regulation Charts the Way Forward on Mandatory Climate Reporting, Wants Board Diversity Disclosures
- Australian Securities and Investments Commission Consults on Payment for Order Flow Rule Amendments
- Australian Securities and Investments Commission Publishes Corporate Plan 2021-25
- The Financial Conduct Authority of the United Kingdom Warns Insurance Firms over Product Governance Rules Deadline
- The Financial Conduct Authority of the United Kingdom Reminded Firms about Potential Financial Crime Risks linked to Afghanistan
Financial Services Regulatory Update 2021/08/20
- Court of Hong Kong Gives Useful Guidance on Concert Parties’ Vote in Privatisation Schemes
- The Stock Exchange of Hong Kong Limited Announces the Cancellation of Listing of Burwill Holdings Limited (Provisional Liquidators Appointed) (Stock Code: 24)
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against a Former Director of Winto Group (Holdings) Limited (Stock Code: 8238)
- The Stock Exchange of Hong Kong Limited Announces the Cancellation of Listing of China Trends Holdings Limited (Stock Code: 8171)
- Hong Kong Securities and Futures Commission to Introduce Investor Identification and OTC Securities Transaction Reporting
- Hong Kong Securities and Futures Commission and Independent Commission Against Corruption Implements Joint Operation on Listed Company’s Suspicious Money Lending Activities
- U.S. Federal Court Orders BitMEX to Pay US$100 Million for Illegally Operating a Cryptocurrency Trading Platform and Anti-Money Laundering Violations
- U.S. Commodity Futures Trading Commission Orders Tyson Foods to Pay US$1.5 Million for Position Limit, Reporting, and Recordkeeping Violations
- U.S. Commodity Futures Trading Commission Charges Unregistered Forex Firm and its Owner with Fraud and Misappropriation
- U.S. Securities and Exchange Commission Obtains Court Order to Stop Investment Adviser’s Alleged Ongoing Offering Fraud
- U.S. Securities and Exchange Commission Obtains Emergency Relief, Charges Two Companies and their Principal Officer with Operating a Ponzi Scheme
- U.S. Securities and Exchange Commission and the European Central Bank Sign Memorandum of Understanding Regarding Cooperation with Respect to Security-Based Swap Entities
- U.S. Securities and Exchange Commission Charges Pearson plc for Misleading Investors About Cyber Breach
- U.S. Securities and Exchange Commission Enhances Access to Financial Disclosure Data
- U.S. Securities and Exchange Commission Charges Netflix Insider Trading Ring
- Singapore Exchange Reports Market Statistics for July 2021
- Singapore Exchange Named Asia’s Best FX Exchange and FX Clearing House by FX Markets
- Singapore Exchange Welcomes Shanaya Limited to Catalist
- The Financial Conduct Authority of the United Kingdom Publishes Decision Notice against Financial Adviser for Pension Transfer Advice Failings
- Australian Securities and Investments Commission Finds Good Practices from COVID-19 Review of Managed Funds’ Valuation of Illiquid Assets
- Shenzhen Stock Exchange Conducts Special Inspections to Continuously Strengthen the Regulation of Quotation of New Stocks
- Improve the Investor Protection Mechanism to Promote the High-quality Development of the Bond Market —— Shenzhen Stock Exchange Releases the Reference Text on Corporate Bond Investor Protection
Financial Services Regulatory Update 2021/08/06
- Hong Kong Competition Commission Advises on Trade Associations’ Membership Admission Rules
- Hong Kong Securities and Futures Commission Reprimands and Fines UBS AG and UBS Securities Asia Limited HK$11.55 million for Regulatory Breaches
- Hong Kong Securities and Futures Commission Issues Statement on Next Digital Limited
- The Stock Exchange of Hong Kong Limited Announces the Cancellation of Listing of Golden Shield Holdings (Industrial) Limited (Stock Code: 2123)
- The Stock Exchange of Hong Kong Limited Announces the Cancellation of Listing of Goldbond Group Holdings Limited (Stock Code: 172)
- The Stock Exchange of Hong Kong Limited Announces the Cancellation of Listing of Blockchain Group Company Limited (In Liquidation) (Stock Code: 364)
- U.S. Securities and Exchange Commission Charges Ernst & Young, Three Audit Partners, and Former Public Company Chief Accounting Officer with Audit Independence Misconduct
- U.S. Securities and Exchange Commission Charges Unlicensed Broker with Defrauding Investors
- U.S. Securities and Exchange Commission Charges Founder of Nikola Corp. with Fraud
- U.S. Securities and Exchange Commission Charges Real Estate CEO with Defrauding Investors
- Singapore Exchange Expands Reach into FX OTC with Acquisition of Maxxtrader
- Singapore Exchange Welcomes the Listing of Lion-OCBC Securities China Leaders ETF
- Australian Securities and Investments Commission Releases Guidance and Customer Information Requirements to Implement the New Add-on Insurance Deferred Sales Model
- The Financial Conduct Authority of the United Kingdom Publishes Final Rules to Strengthen Investor Protections in Special Purpose Acquisition Companies
- China Securities Regulatory Commission Spokesperson Answered Reporter Question Regarding Recent Statement by the U.S. SEC
- Shenzhen Stock Exchange Releases Supporting Rules for the Listing of NEEQ-listed Companies on the ChiNext Board to Ensure Steady Transfer
- Shenzhen Stock Exchange Fully Supports Henan in Flood Control, Disaster Relief and Post-disaster Reconstruction
- Shenzhen Stock Exchange Launches the CNI Xiangmi Lake Green Finance Index
Financial Services Regulatory Update 2021/07/23
- Gazettal of Financial Reporting Council (Amendment) Bill 2021 to Further Enhance the Independence of Hong Kong’s Regulatory Regime of the Accounting Profession in Line with International Developments
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against Winshine Science Company Limited (Stock Code: 209) and Six Directors
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against Longrun Tea Group Company Limited (Stock Code: 2898) and Its Current Directors
- The Stock Exchange of Hong Kong Limited Announces the Cancellation of Listing of Longrun Tea Group Company Limited (Stock Code: 2898)
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against Two Former Directors of Farnova Group Holdings Limited (Stock Code: 8153)
- Hong Kong Securities and Futures Commission and Canadian Securities Administrators Establish Fintech Cooperation Agreement
- Hong Kong Securities and Futures Commission Obtains Court Order to Disqualify Former Executive Director of Anxin-China Holdings Limited for Eight Years
- Hong Kong Securities and Futures Commission Issues Warning Statement on Unregulated Virtual Asset Platforms
- Hong Kong Securities and Futures Commission Sanctions Sino-Rich Securities & Futures Limited’s Responsible Officers
- Hong Kong Securities and Futures Commission Publicly Censures BIT Mining Limited for Breaches of the Takeovers Code
- U.S. Federal Court Permanently Bans and Imposes an over US$300,000 Penalty Against Foreign Trading Platform for Offering Illegal Leveraged Transactions in Ether, Litecoin, Bitcoin and Precious Metals
- U.S. Court of Appeals Rules in Favor of U.S. Commodity Futures Trading Commission in Fraud Case Against Monex Deposit Company and its Principals
- U.S. Securities and Exchange Commission Charges SPAC, Sponsor, Merger Target, and CEOs for Misleading Disclosures Ahead of Proposed Business Combination
- U.S. Securities and Exchange Commission Settles Charges Related to Investments in Complex Exchange-Traded Product with UBS
- U.S. Securities and Exchange Commission Charges Initial Coin Offerings “Listing” Website With Unlawfully Touting Digital Asset Securities
- U.S. Securities and Exchange Commission Halts Alleged Ongoing Offering Fraud Involving Cycling Companies
- Singapore Exchange Launches New FFA and Futures Contracts for LNG Vessels
- Fully Implement Scientific Regulation and Classified Regulation and Focus on Cultivating a Group of High-quality Listed Companies — Evaluation Results on Information Disclosure by Shenzhen Stock Exchange-listed Companies Released
- Improve the System of Rules for Innovative Product Types and Strengthen the Capability of Capital Market to Serve National Strategies – Shenzhen Stock Exchange Revises the Business Guidelines for Green Corporate Bonds and Rural Revitalization Corporate Bonds
- Shanghai Stock Exchange Releases Consultation and Communication Guide for Review Business of Shanghai Stock Exchange STAR Market
- Financial Conduct Authority of the United Kingdom Consults on Post-Brexit Divergence for PRIIPS Regulation
- Australian Securities and Investments Commission Publishes Internal Dispute Resolution Data Dictionary and Glossary ahead of Pilot
Financial Services Regulatory Update 2021/07/09
- Hong Kong Special Administrative Region Government Welcomes Consensus Largely Reached on BEPS 2.0 Framework, Including the Global Minimum Tax Rate Proposal, on the Same Date of Gazetting of the Securities and Futures (Amendment) Bill 2021 and the Limited Partnership Fund and Business Registration Legislation (Amendment) Bill 2021 Providing for New Fund Re-domiciliation Mechanisms
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against Alltronics Holdings Limited (Stock Code: 833) and Ten Directors
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against IntelliCentrics Global Holdings Ltd (Stock Code: 6819) and Two Executive Directors
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against China Fortune Investments (Holding) Limited (Stock Code: 8116) and Nine Directors
- The Stock Exchange of Hong Kong Limited Announces the Cancellation of Listing of Inno-Tech Holdings Limited (In Liquidation) (Stock Code: 8202)
- The Stock Exchange of Hong Kong Limited Announces the Cancellation of Listing of Chinese Food and Beverage Group Limited (Stock Code: 8272)
- The Stock Exchange of Hong Kong Limited Publishes Revised Policy Statement on the Enforcement of the Listing Rules and Sanctions Statement
- Hong Kong Securities and Futures Commission Publishes New Guidance on ESG Fund Disclosures
- Hong Kong Court of Appeal Grants Hong Kong Securities and Futures Commission HK$622 Million Compensation Orders against Former Directors of EganaGoldpfeil (Holdings) Ltd
- Hong Kong Securities and Futures Commission Reprimands and Fines Raymond Leung Tak Shing HK$400,000 for Breaches of Anti-Money Laundering Regulatory Requirements
- Hong Kong Securities and Futures Commission Bans Lau Kwo for 12 months
- Hong Kong Securities and Futures Commission and the Independent Commission Against Corruption Search a Listed Company and an Underwriter
- U.S. Commodity Futures Trading Commission Charges Three Individuals and Three Companies with Fraud in Multimillion-Dollar Precious Metals Scheme
- U.S. Commodity Futures Trading Commission Issues Interpretation to Swap Dealers Regarding Calculating Capital Requirements
- U.S. District Court Sanctions a Man for Fraudulent Scheme Attempting to Profit from COVID-19
- U.S. Securities and Exchange Commission Charges Amec Foster Wheeler Limited With Foreign Corrupt Practices Act Violations Related To Brazilian Bribery Scheme
- U.S. Securities and Exchange Commission Charges Electronic Trading Platform for Operating As An Unregistered Broker-Dealer
- U.S. Securities and Exchange Commission Charges Self-Proclaimed Real Estate “Dealmaker” With Multiple Offering Frauds and Misappropriation of Investor Funds
- U.S. Securities and Exchange Commission Charges Finance Employee and Friend With Insider Trading
- U.S. Securities and Exchange Commission Charges Hedge Fund Trader in Lucrative Front-Running Scheme
- U.S. Securities and Exchange Commission Charges Company and Two Executives for Misleading COVID-19 Disclosures
- Singapore Exchange and Platts Partner to Provide Commodities Data and Content
- Countdown to Singapore International Ferrous Week
- The Financial Conduct Authority of the United Kingdom Consults on Reforms to Improve the Effectiveness of UK Primary Markets
- Australian Securities and Investments Commission Consults on Amendments to Market Integrity Rules
- Shenzhen Stock Exchange Actively Serves the Connection between Swiss Tech Start-ups and Capital Resources, Boosting Sino-Swiss Regular Technological Cooperation
- Shenzhen Stock Exchange Adjusts Downward the Handling Fee of Fund Transactions to Support the Development of the Fund Market
Financial Services Regulatory Update 2021/06/25
- U.S. Securities and Exchange Commission Uses Sophisticated Analytical Tools to Ferret Out Investment Professionals Who Abuse their Positions to Engage in Cherry-picking and Other Fraudulent Conduct
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against Tenwow International Holdings Limited (Delisted, Previous Stock Code: 1219) and Nine Directors
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against Five Former Directors of Summi (Group) Holdings Limited (Stock Code: 756)
- Hong Kong Securities and Futures Commission and the Securities and Exchange Commission of Thailand Implement the Mutual Recognition of Funds Scheme
- Hong Kong Securities and Futures Commission Releases Consultation Conclusions on Proposals to Update Entry Requirements for License Applicants and Upgrade Industry Practitioners’ Competency Standards
- Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority Issue the Joint Consultation Conclusions on the Annual Update to the List of Financial Services Providers under the OTC Derivatives Regulatory Regime
- Hong Kong Securities and Futures Commission Reprimands and Fines Deutsche Securities Asia Limited HK$2.45 Million over Incorrect Prime Brokerage Client Statements
- U.S. Commodity Futures Trading Commission Charges Former Energy Broker and Its Owner with Misappropriation of Nonpublic Information, Fraud, and Supervision Violations
- U.S. Commodity Futures Trading Commission Fines Brazilian Soybean Producer for Reporting Violations
- U.S. Commodity Futures Trading Commission Charges a Man and His Company with Forex Fraud
- U.S. Securities and Exchange Commission, North American Securities Administrators Association, and Financial Industry Regulatory Authority Offer Free Resource to Securities Firms to Assist in Detection, Prevention and Reporting of Financial Exploitation of Seniors
- U.S. Securities and Exchange Commission Charges Six in Silicon Valley Insider Trading Ring
- U.S. Securities and Exchange Commission Charges Issuer with Cybersecurity Disclosure Controls Failures
- U.S. Securities and Exchange Commission Charges Initial Coin Offering Issuer and CEO with Fraud and Unregistered Securities Offering
- Singapore Exchange Brings Green, Social and Sustainability Bond Data in Asia Pacific to Global Investors
- The Financial Conduct Authority of the United Kingdom Consults on Further Climate-Related Disclosure Rules
- Australian Securities and Investments Commission Removes the Local Authorized Participant Requirement in Exchange Traded Funds Class Order
- Shenzhen Stock Exchange Rolled out the First Rural Revitalization Bonds to Synchronize Poverty Alleviation with Rural Revitalization
- Shenzhen Stock Exchange Launches its First Batch of Infrastructure Public Offering REITs
Financial Services Regulatory Update 2021/06/11
- Australian Securities and Investments Commission Clarifies Requirements on Declaration of Dividends During Schemes of Arrangement – Comparison with Hong Kong Requirements – Tightening Loose Regulation in Hong Kong
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against Dongyue Group Limited (Stock Code 189) and Ten Directors
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against Baytacare Pharmaceutical Co., Ltd. (Delisted, Previous Stock Code: 8197), 12 Directors and four Supervisors
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against Mr. Yu Jian Qiu, Executive Director and Chairman of China Metal Resources Utilization Limited (Stock Code: 1636)
- Significant Guidances and Regulatory Initiatives of The Stock Exchange of Hong Kong Limited During the Period from May 28, 2021 to June 11, 2021
- Hong Kong Securities and Futures Commission reprimands and Fines Ewarton Securities Limited HK$1.5 Million
- The Court of First Instance of Hong Kong Orders Boiler Room Fraudsters to Compensate Investors
- The Securities and Futures Appeals Tribunal of Hong Kong Allows Review for Mr. Cai Hongping against the Decision to Ban Him from Re-entering the Industry for Five Years
- Market Misconduct Tribunal of Hong Kong Sanctions Mr. Cheng Chak Ngok for Insider Dealing in China Gas Shares
- Hong Kong Securities and Futures Commission Suspends Mr. Lun Sheung Nim for 7.2 months
- U.S. Commodity Futures Trading Commission Interest Rate Benchmark Reform Subcommittee Recommends July 26 for Transitioning Interdealer Swap Market Trading Conventions from LIBOR to SOFR
- U.S. Federal Court Orders a Man to Pay More than US$500,000 for Attempting to Fraudulently Profit From COVID-19
- U.S. Securities and Exchange Commission Charges Couple with Insider Trading on Confidential Clinical Trial Data
- U.S. Securities and Exchange Commission Updates List of Firms Using Inaccurate Information to Solicit Investors
- Singapore Exchange Welcomes Synergy Futures as Derivatives Trading Member
- The Financial Conduct Authority of the United Kingdom Confirms Measures to Protect Customers from the Loyalty Penalty in Home and Motor Insurance Markets
- Australian Securities and Investments Commission Commences Civil Proceedings against Shipbuilder Austal Limited for Continuous Disclosure Breach
- Shenzhen Stock Exchange Further Implements Fee Cut Policy to Assist in the High-quality Development of Listed Companies
- Shenzhen Stock Exchange Decides to Delist *ST Steyr According to Laws
- Shenzhen Stock Exchange Strengthens Ex Post Regulation of Annual Reports in the Bond Market with a Focus on Enhancing the Fundamental Goal and Guarding Against Risks
Financial Services Regulatory Update 2021/05/28
- The Stock Exchange Hong Kong Limited Publishes Consultation Conclusions on (i) The Main Board Profit Requirement; and (ii) Review of Listing Rules Relating to Disciplinary Powers and Sanctions on the Same Day as it Publishes a Joint Statement with the Hong Kong Securities and Futures Commission on IPO-related Misconduct
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against Seven Former Directors of Huiyin Holdings Group Limited (Stock Code: 1178)
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against Tech Pro Technology Development Limited (Delisted, Previous Stock Code: 3823) and Seven of its Former Directors
- The Stock Exchange of Hong Kong Limited Announces the Cancellation of Listing of Long Well International Holdings Limited (Stock Code: 850)
- U.S. Commodity Futures Trading Commission Orders a Firm to Pay US$500,000 for Wash Sales
- U.S. Securities and Exchange Commission Charges S&P Dow Jones Indices for Failures Relating to Volatility-Related Index
- U.S. Securities and Exchange Commission Charges Healthcare Company and Its Founder with Multimillion Dollar Fraud
- Singapore Exchange Regulation to Continue to Suspend Entry into Issuers’ Watch-list
- The Securities and Futures Fintech Research and Development Center (Shenzhen) Holds 2020 Closing Report and 2021 Opening Report Meeting
- Shenzhen Stock Exchange Holds a Forum on Bond Regulation: Improving Information Disclosure Quality and Guarding against Risks
- Shenzhen Stock Exchange Releases the 2020 Survey Report on Individual Investors
- Shenzhen Stock Exchange’s First Publicly Offered Infrastructure REITs Approved by CSRC for Registration
- The Financial Conduct Authority of the United Kingdom Announces Proposals to Stop the Practice of ‘Claims Management Phoenixing’, by Banning Claims Management Companies (CMCs) from Managing Financial Services Compensation Scheme (FSCS) Claims Where They Have a Relevant Connection to the Claim
- Australian Securities and Investments Commission Sues AMP for Charging Deceased Customers
Financial Services Regulatory Update 2021/05/14
- Financial Conduct Authority of the United Kingdom Sets Out Proposals to Strengthen its Financial Promotion Rules for High-Risk Investments
- The Stock Exchange of Hong Kong Limited Announces the Cancellation of Listing of REXLot Holdings Limited (In Liquidation) (Stock Code: 555)
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against Six Directors of Youyuan International Holdings Limited (delisted, previous Stock Code: 2268)
- Hong Kong Securities and Futures Commission Announces the Launch of Grant Scheme for Open-ended Fund companies and Real Estate Investment Trusts
- Hong Kong Market Misconduct Tribunal Sanctions China Medical & HealthCare Group Limited and its Directors for Late Disclosure of Inside Information
- U.S. Commodity Futures Trading Commission Issues Order of Registration to Mercado Mexicano de Derivados, S.A. de C.V., to Permit Trading by Direct Access from the U.S.
- U.S. Securities and Exchange Commission Charges Under Armour Inc. With Disclosure Failures
- U.S. Securities and Exchange Commission Charges Broker-Dealer for Failures Related to Filing Suspicious Activity Reports
- U.S. Securities and Exchange Commission Approves Registration of First Security-Based Swap Data Repository; Sets the First Compliance Date for Regulation SBSR
- Singapore Exchange Regulation, NUS Business School, KPMG in Singapore Study Shows ESG, Particularly Climate, Important in Key Financial Institutions’ Asset Allocation, Lending and Underwriting
- Financial Conduct Authority of the United Kingdom Fines Sapien Capital Ltd for Serious Financial Crime Control Failings in Relation to Cum/ex Trading
- Australian Securities and Investments Commission Commences Civil Proceedings against Westpac for Insider Trading
- Australian Securities and Investments Commission Takes Court Action to Wind-up PE Capital Funds Management Ltd and Managed Investment Schemes
- Shenzhen Stock Exchange Releases Business Guidelines for Review of Stock Issuance and Listing on the ChiNext Board No. 1 – On-site Supervision of Sponsorship Business
- Shenzhen Stock Exchange Improves Review Procedures for Mergers and Acquisitions on ChiNext Board
- Shenzhen Stock Exchange Initiates Disciplinary Procedures for Steyr’s and Northcom’s Failure to Disclose Periodical Reports on Time
- Shanghai Stock Exchange Specifies Key Concerns of Corporate Bond Review
Financial Services Regulatory Update 2021/04/30
- Monetary Authority of Singapore Sets up Singapore Funds Industry Group Partnering with the Private Sector to Strengthen Singapore’s Fund Management Ecosystem
- The Stock Exchange of Hong Kong Limited Announces the Cancellation of Listing of Global Token Limited (Stock Code: 8192)
- The Stock Exchange of Hong Kong Limited Announces the Cancellation of Listing of Convoy Global Holdings Limited (Stock Code: 1019)
- Hong Kong Securities and Futures Commission Revokes IDS Forex HK Limited’s License and Bans its Former Co-CEOs for Life
- Hong Kong Securities and Futures Commission and Police Conducts Joint Operation Against Listed Company and Senior Executives
- U.S. Commodity Futures Trading Commission Orders a Man and His Company to Pay Over US$397,000 in Connection with a Digital Assets Solicitation Scheme
- U.S. Federal Court Orders Owner of Precious Metals Firm to Pay US$1.3 Million to Victims of Fraudulent Precious Metals Scheme
- U.S. Securities and Exchange Commission Charges Fund Manager and Former Race Car Team Owner with Multimillion Dollar Fraud
- U.S. Securities and Exchange Commission Obtains Emergency Relief, Charges a Company and CEO with Misappropriating Investor Money and Operating a Ponzi Scheme
- Singapore Exchange Welcomes Econ Healthcare (Asia) Limited to Catalist
- Singapore Exchange and Consumer News and Business Channel Partner to Create Indices Focused on Growth Economies and Sectors of the Future
- Financial Conduct Authority of the United Kingdom Censures Alsford Page & Gems Limited and Alsford Page & Gems Limited Agrees to Pay Extended Warranty Insurance Customers £399,902
- Financial Conduct Authority Commences Criminal Proceedings for Fraud and Unauthorised Business
- Australian Securities and Investments Commission Secures 20-year Ban for Mayfair 101 Director James Mawhinney from Fundraising and Promoting Investment Products
- Shenzhen Stock Exchange Promotes Performance Explanation Meetings: Over Sixty Percent Annual Report Releasing Listed Companies Issue a Performance Explanation Meeting Notice
- China Securities Regulatory Commission Strengthens Supervision of System Leavers’ Investment in Proposed Listed Companies
- China Securities Regulatory Commission and Other Financial Management Authorities Jointly Interviewed Some Online Platform Companies Engaged in Financial Business
- Shanghai Stock Exchange Revises and Releases Interim Regulation on Application and Recommendation for Issuance and Listing of Enterprises on Shanghai Stock Exchange STAR Market
Financial Services Regulatory Update 2021/04/16
- U.S. Securities and Exchange Commission’s Latest Response to the Unprecedented Surge in the Use of Special Purpose Acquisition Companies (SPACs) to List on the U.S. Securities Markets
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action Against My Heart Bodibra Group Limited (Stock Code: 8297) and Two Directors
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action Against China Tangshang Holdings Limited (Stock Code: 674) and its Executive Directors
- Hong Kong Securities and Futures Commission Reprimands and Fines Black Marble Securities Limited HK$1.8 Million for Internal Control Failings and Regulatory Breaches
- Hong Kong Eastern Magistrates’ Court Issued Arrest Warrant for alleged Social Media Ramp-and-Dump Manipulator
- Hong Kong Market Misconduct Tribunal Sanctions Two Former Executives for Insider Dealing in Asia Telemedia Limited Shares
- Hong Kong Eastern Magistrates’ Court Acquits Solicitor of Insider Dealing in Shares of CASH Financial Services Group Limited
- Hong Kong Securities and Futures Commission Reprimands and Fines Optimas Capital Limited HK$1.05 Million Over Short Position Reporting Failures
- U.S. Commodity Futures Trading Commission Orders A Man to Pay More than US$1 Million for Role in Fraudulent Binary Options Scheme
- U.S. Federal Court Orders Company and its Owner to Pay More Than US$32 Million for Cryptocurrency Fraud and Misappropriation Scheme
- U.S. Federal Court Orders A Man to Pay Over $10.3 Million for Defrauding Commodity Futures Clients in Long-Running Ponzi Scheme
- U.S. Commodity Futures Trading Commission Orders The Alista Group, LLC and a Man to Pay More Than US$2.6 Million in Precious Metals Fraud
- U.S. Securities and Exchange Commission Charged Auditor for Failure to Register with PCAOB and Multiple Audit Failures
- U.S. Securities and Exchange Commission Obtains Emergency Asset Freeze, Charges Actor with Operating a US$690 Million Ponzi Scheme
- U.S. Securities and Exchange Commission Charges Felon and Six Others in Oil-and-Gas Offering Fraud
- Singapore Exchange Welcomes Haitong International Singapore as Securities and Derivatives Clearing Member
- Singapore Exchange Consults on Special Purpose Acquisition Companies Listing Framework
- Singapore Exchange, Enterprise Singapore and E-Steel Announce Inaugural Singapore International Ferrous Week
- Singapore Exchange and New Zealand’s Exchange Seal Partnership on Dairy Derivatives to Unlock Growth
- Singapore Exchange Welcomes Zhongda (HK) Futures as Derivatives Trading Member
- Financial Conduct Authority of the United Kingdom Warns That Younger Investors are Taking on Big Financial Risks
- Financial Conduct Authority of the United Kingdom Launches Campaign to Encourage Individuals to Report Wrongdoing
- Australian Securities and Investments Commission to Adopt “No-action” Position for AGMs
- Australian Securities and Investments Commission Bans the Sale of Binary Options to Retail Clients
- Shenzhen Stock Exchange Officially Implements Merger between Main Board and SME Board to Better Serve High-quality Economic Development
- Shenzhen Stock Exchange Releases Survey Report on Investor Relations Management of Listed Companies in 2020
- China Securities Regulatory Commission issued a prior notice of administrative supervision measures to Haitong Securities, Haitong Asset Management and relevant responsible personnel
- The People’s Bank of China, China Banking and Insurance Regulatory Commission, China Securities Regulatory Commission and State Administration of Foreign Exchange issued “the Opinions on Financial Support for Hainan’s Comprehensively Deepening Reform and Opening-up”
- The China Securities Regulatory Commission Publicly Solicits Opinions on the Revision of the “China Securities Regulatory Commission Administrative Licensing Implementation Procedure Regulations”
- Shanghai Stock Exchange Held “Tracking China through Indexes” Virtual Roadshow
- Shanghai Stock Exchange Accommodates to the Structural Changes in the Market and Strengthen the Protection of Investors’ Rights and Interests