Market Abuse

China to Strengthen Cross-Agency Collaboration on Capital Market Crime

24/09/2022

Regulatory, law enforcement and prosecutorial agencies will cooperate to “treat both the symptoms and the root causes” that contribute to capital market crime.

Trading & Investment

CSRC Approves Six New Tech-Focused ETFs in Just Two Days

23/09/2022

The rapid approvals are said to be part of China’s efforts to quickly attain self-sufficiency in strategic high-tech sectors.

Cybersecurity

DTCC Warns of Risks from Quantum Computing Technology

23/09/2022

DTCC outlines steps firms should take to prepare for the emergence of new post-quantum cryptography standards. Final standards are scheduled for 2024.

Clearing & Post-Trade

AFME Considers Implications of an EU Move to T+1 Settlement

23/09/2022

AFME acknowledges the benefits of T+1 settlement but calls for an industry task force to be set up to conduct a detailed assessment.

Sustainable Finance

JPX Launches Pilot Trading in New Carbon Credit Market

23/09/2022

The TSE commenced pilot trading in J-Credits, which have been circulating on a voluntary basis in Japan since 2013. Trading began with 145 registered participants.

Stablecoins

EU Lawmakers Finalise Text of MiCA Legislation – Reports

23/09/2022

Limitations on the use of USD-pegged stablecoins within the EU have been removed. Algorithmic stablecoins and tradeable NFTs could be brought into scope.

Trading & Investment

Tokyo, New York Bourses to Promote Cross-border Investment

23/09/2022

The NYSE and TSE will collaborate on product development, marketing, information sharing, and the use of digital technologies in market operations.

Structural Regulation

Chinese Officials in Hong Kong to Assist With PCAOB Inspections

23/09/2022

PCAOB inspectors have been in Hong Kong this week to commence audit inspections of US-listed Chinese companies at PwC and KPMG’s offices.

Cryptocurrency

Australian Senator Proposes Bill on Digital Asset Regulation

23/09/2022

The bill would establish rules for crypto exchanges, custody providers stablecoin issuers, and banks facilitating e-CNY transactions.