Two people were fined RMB 1m each for high frequency trading during the A-share market collapse last summer, the CSRC said.
Category: Regulation
MAS shuts down BSI Bank in Singapore
The Monetary Authority of Singapore also slapped BSI with a $9.5m fine and sent six senior managers and staff to the public prosecutor to evaluate whether they have committed criminal offences.
MAS stops operations of fund house
The Monetary Authority of Singapore said V Wealth Capital Pte can no longer conduct its fund management business in Singapore after failing to comply with a number of rules.
HK’s SFC signs pact with US counterpart
Hong Kong’s Securities and Futures Commission has signed an agreement with the Financial Industry Regulatory Authority (FINRA) in the US for cross-border oversight.
Singapore widens retail investor bond access
Retail investors are now able to invest in a suite of bonds previously closed to them after the Singapore Exchange introduced a new “bond seasoning framework”.
Stricter rules for Chinese fund subsidiaries
Chinese regulators are proposing stricter rules for asset management companies in regards to leveraging investments and opening subsidiaries.
China relaxes internet finance firm registration
Three types of financial companies are expected to resume registration after a complete suspension on registration of new finance-related firms, mainland media reported.
More than $12trn from EM in offshore accounts
More than $12trn has been taken out of emerging economies such as China and Russia and stashed in offshore accounts, new data from advocacy group the Tax Justice Network (TJN) has revealed.
One step forward for A-share inclusion
The China Securities Regulatory Commission has cleared doubts about the beneficial ownership of QFII and RQFII schemes, ahead of the June decision to include A-shares in key MSCI indices.
SFC bans ex-HSBC portfolio manager
The Securities and Futures Commission has penalised Yeung Chun Him for breaching the code of conduct and the personal data ordinance.
