Tokenisation

Korea to Launch KRX-Operated Digital Securities Market

07/09/2022

Security token guidelines will be published in Q4 2022, and rule changes will be made next year to establish a system for issuance and distribution.

Structural Regulation

China Raises Bar for Sponsors to Ensure Fair IPO Pricing

07/09/2022

Investment bankers engaged in IPO deals are prohibited from discussing earnings estimates and valuations with analysts, to ensure their independence.

PEPs & Sanctions

UK OFSI Updates Sanctions Guidance to Include Crypto

07/09/2022

Crypto firms are directed to freeze assets of targets listed under the Consolidated List and report suspected sanctions breaches to the OFSI.

Trading & Investment

CSRC Green Lights Launch of New ETF Options in China

07/09/2022

ChiNext Board ETF options will list in Shenzhen, while CSI 500 ETF options will list in both Shanghai and Shenzhen.

Fraud, Scams & Cybercrime

Big Four Auditor Facing HK Lawsuit Over Chinese Audit

07/09/2022

The liquidator of a now-collapsed Chinese biotech firm said the auditor could have easily exposed fraud by asking obvious questions.

Fraud, Scams & Cybercrime

Singapore Police Opens New Anti-Scam Command Office

07/09/2022

The opening of the ASCom office was officiated by Minister for Communications & Information Josephine Teo.

Resolution & Recovery

APRA Proposes Guidance on Contingency, Resolution Planning

07/09/2022

The prudential practice guides on financial contingency and resolution planning will be finalised in H1 2023 following a three month consultation.

Payments & Settlements

China Executes First Triparty Repo Trades Using ESG Bonds

07/09/2022

CFETS, Clearstream and Chinese financial institutions cooperated to execute the first triparty repo trades involving ESG-eligible bonds.

Trading & Investment

Beijing Stock Exchange Turns One Year Old

06/09/2022

The BSE issued draft rules for margin trading and securities lending, launched its first treasury bond, and set out plans to introduce its first benchmark index.