Financial Services Regulatory Update 2020/12/31

  • Hong Kong Magistrates’ Court Convicts Company Secretary of Insider Dealing via Spouse’s Securities Account
  • Hong Kong Market Misconduct Tribunal Finds Li Yik Shuen Culpable of Insider Dealing in Meadville Holdings Limited Shares
  • The Stock Exchange of Hong Kong Limited Announces the Cancellation of Listing of Combest Holdings Limited (Stock Code: 8190)
  • The Listing Committee of The Stock Exchange of Hong Kong Limited Criticizes Wai Chi Holdings Company Limited (Stock Code: 1305) and its Executive Director, Mr. Chen Wei Wu, for Breaching the Listing Rules and/or the Director’s Undertaking
  • The Stock Exchange of Hong Kong Limited Publishes Conclusions on Paperless Listing & Subscription Regime, Online Display of Documents and Reduction of the Types of Documents on Display
  • The Stock Exchange of Hong Kong Limited Publishes its Latest Review of Issuers’ Corporate Governance Practices, and Practitioners’ Insights on Corporate Governance and ESG
  • The Stock Exchange of Hong Kong Limited Announces the Cancellation of Listing of Hua Han Health Industry Holdings Limited (In Compulsory Liquidation) (Stock Code: 587)
  • The Stock Exchange of Hong Kong Limited Announces the Cancellation of Listing of Netel Technology (Holdings) Limited (Stock Code: 8256)
  • Hong Kong Exchanges and Clearing Limited Launches New Service to Facilitate Lodging of Shareholders’ Written Requisitions
  • Hong Kong Securities and Futures Commission Reprimands and Fines Fulbright Securities Limited HK$3.6 Million
  • Hong Kong Securities and Futures Commission Concludes Consultation on Customer Due Diligence Requirements for Open-Ended Fund Companies
  • Hong Kong Securities and Futures Commission Previews New Electronic Licensing Services on WINGS, its Platform for Electronic Forms and Online Submission Services
  • Hong Kong Securities and Futures Commission Proposes Amendments to The Code on Pooled Retirement Funds
  • Hong Kong Securities and Futures Commission Licenses First Virtual Asset Trading Platform
  • Hong Kong Securities and Futures Commission Proposes to Upgrade the Industry’s Competency Standards
  • U.S. Federal Court Orders a Man to Pay Over US$255,000 in Futures and Forex Fraud Scheme
  • U.S. Federal Court Orders Interdealer Broker to Pay US$7 Million for Deceptive Trading Practices in the FX Options Markets
  • U.S. Court Enters US$740,968 Judgement Against Company and its Principal for Registration, Disclosure, and Recordkeeping Violations
  • U.S. Securities and Exchange Commission Proposes Amendments to Rule 144 and Form 144
  • U.S. Securities and Exchange Commission Adopts Modernized Marketing Rule for Investment Advisers
  • U.S. Securities and Exchange Commission Adopts Final Rules for the Disclosure of Payments by Resource Extraction Issuers
  • U.S. Securities and Exchange Commission Charges Robinhood Financial With Misleading Customers About Revenue Sources and Failing to Satisfy Duty of Best Execution
  • U.S. Securities and Exchange Commission Adopts Clearing Agency Rule to Limit Potential for Overlapping or Duplicative Regulation
  • U.S. Securities and Exchange Commission Obtains Emergency Asset Freeze, Charges Crypto Fund Manager with Fraud
  • Monetary Authority of Singapore Announces Further Extension of the US$60 Billion Swap Arrangement with the US Federal Reserve
  • Australian Securities and Investments Commission Places Restrictions on Regional Express Holdings Limited Following Continuous Disclosure Failures
  • Australian Securities and Investments Commission Commences Civil Penalty Proceedings Against La Trobe Financial Asset Management Ltd
  • Australian Securities and Investments Commission Highlights Focus Areas for December 31, 2020 Financial Reports Under COVID-19 Conditions
  • Financial Conduct Authority of the United Kingdom Establishes Temporary Registration Regime for Cryptoasset Businesses
  • Financial Conduct Authority of the United Kingdom Fines Charles Schwab UK Ltd £8.96 Million Over Safeguarding and Compliance Failures
  • Singapore Exchange Signs Memorandum of Understanding With China Central Depository and Clearing Corporation to Strengthen Singapore-China Bond Markets
  • Singapore Exchange Welcomes Aedge Group Limited to Catalist
  • Singapore Exchange Strengthens Commitment to Sustainability With S$20 Million Plan
  • Singapore Exchange Named Regulation Asia’s Exchange of the Year for 3rd Year Running
  • Singapore Exchange Welcomes China International Capital Corporation as Securities Trading Member
  • Singapore Exchange Welcomes G.H.Y Culture & Media Holding to Mainboard
  • Shenzhen Stock Exchange Launches the CNI Xiangmi Lake Culture and Creativity Index
  • Shenzhen Stock Exchange Launches the Column of “Service Guides” to Advance “Institutionalized, Standardized, Process-based and Electronic” Regulation
  • Shenzhen Stock Exchange Spokesperson Answers Reporters’ Questions on Revision of Relevant Business Rules Concerning Delisting
  • Questions & Answers on Shanghai Stock Exchange’s Revision of Delisting System
  • Questions & Answers on Joint Regulatory Interview of Ant Group Co., Ltd. Given by Pan Gongsheng, Deputy Governor of the People’s Bank of China
FS_Regulatory_Update_JML_20201231

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