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
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