On 12 March 2025, SK FSC, FSS said the same day decision by Securities and Futures Commission to fine a global IB marked the end of global IB investigations, penalties. In total, 13 global investment banks (IBs) were fined KRW 83.65bn. The release covered the main illegal conduct types, measures to prevent recurrence, the expected […]
On 7 March 2025, Thai SET proposed to amend short selling regulations. Thai SET proposed to revise regulations re: short selling, high-frequency trading (HFT). Follows Thai SET June 2024 revised regulations to enhance supervision. Background Following the implementation of the revised regulations on short selling, HFT the uptick rule has not had a positive effect […]
On 6 March 2025, SK FSC said legal revisions to improve the short selling system were completed with approval of revisions to Regulations on financial investment business. Plus, revisions to KRX’s Market surveillance regulations, during its meeting on 5 March 2025. SK FSC will verify the computer system until the effective date, i.e. 31 March […]
On 18 February 2025, TAI FSC amended directions re investment-type insurance. TAI FSC, TAI Justice amended para. 9 of Directions for disclosure requirements of investment-linked insurance, and para. 8 of Directions for the separate account custodian institutions and investment instruments of the investment-linked insurance. Disclosure Requirements Highlights Specifies the content of disclosure of investment risk […]
On 19 February 2025, KRX proposed revising KOSDAQ, KOSPI markets rules. KRX proposed revising Enforcement rules of KOSDAQ market business regulation and Enforcement rules of KOSPI market business regulation to prepare for ATS launch. Follows KRX December 2024 proposed rules concerning new types of orders. Also follows KRX December 2024 proposed new rules for securities […]
On 17 February 2025, GE BaFin issued updated FAQ on exemption for market makers and primary dealers under art 17 EU Short Selling Regulation. Question 7: Updated wording of the question as to whether the exemption can be claimed earlier (i.e. before the 30 days) after the initial notification. Question 8: Updated guidance about follow-up […]