Securities / Derivatives

Speculation of Deal on Chinese Audits ‘Premature’, says PCAOB

27/03/2022

The PCAOB said it is unclear whether full access to relevant audit documentation will be granted, and that any agreement would only be a “first step”.

Fintech / Regtech

OECD Proposes Tax Reporting Framework for Crypto-assets

27/03/2022

The framework would require intermediaries to identify their customers and their tax jurisdictions, and then report their aggregate transaction values annually.

Securities / Derivatives

Egypt Becomes First Middle East Nation to Issue Samurai Bonds

27/03/2022

Egypt has become the first country in the Middle East to issue samurai bonds in the Japanese market.

Enforcement

SEBI Probes Investment Banks Over Possible Insider Trades

27/03/2022

SEBI’s new AI-based surveillance systems have detected possible insider trades by related parties of investment bankers.

Securities / Derivatives

Thai SEC Proposes to Ease Merger Process for Securities Firms

27/03/2022

Securities and derivatives businesses that are merging can preemptively apply for a permit for new entities formed post-transaction to begin operating more quickly.

Securities / Derivatives

HKEX to Provide Investor Relations Platform to Listed Companies

26/03/2022

The new portal will launch in Q3, offering listed issuers a way to develop and manage their investor relations activities.

Fintech / Regtech

Guangzhou to Pilot Regulatory Sandbox for Capital Markets

26/03/2022

Applications from capital markets firms looking to participate in the fintech regulatory sandbox are being accepted until 15 April 2022.

Philippines Relaxes Foreign Ownership Caps in Key Sectors

26/03/2022

The 85-year-old Public Service Act has been amended to allow full foreign ownership in the airlines, telecommunications, shipping, railway and irrigation sectors.

Securities / Derivatives

Taiwan FSC Warns Funds Against Intervening in Management Disputes

26/03/2022

Investment trust companies should not use investors’ funds to intervene in disputes over the management rights of investee companies.