Cryptocurrency

Taiwan Formally Designates FSC as Crypto Industry Supervisor

16/11/2021

Cryptocurrency businesses will be listed under the category of “finance, insurance and real estate” and STOs will be listed under the securities firms subcategory.

Reporting & Disclosures

Australia Finalises Rules on Super Fund Portfolio Disclosures

15/11/2021

Morningstar has expressed concern that the rules do not require super funds to disclose specific stocks or bonds held in portfolios run by external asset managers.

Trading & Investment

Chinese Power Companies Issue First ‘Energy Guarantee Bonds’

15/11/2021

Industrial Bank underwrote two ‘energy guarantee bonds’ worth a total CNY 4 billion, the proceeds of which will be used to help address power shortages.

Trading & Investment

TSE RFQ platform for ETFs Reaches New Milestone

15/11/2021

The Tokyo Stock Exchange said it plans to continue to update and improve the CONNEQTOR platform by enabling a larger variety of trading methods.

Sustainable Finance

China Allows Foreign Firms to Issue Social, Sustainability Bonds

15/11/2021

Overseas firms  can register to issue ‘panda bonds’ designated to fund social responsibility and sustainable development projects, NAFMII has announced.

Structural Regulation

S&P-IHS Deal Wins Regulatory Approval in the US

15/11/2021

To win approval for the $44bn combination, the companies agreed to sell three of IHS Markit’s price reporting agency businesses.

Trading & Investment

RBI Opens Direct Access to G-Secs Market for Retail Investors

14/11/2021

As of 2.30pm on Saturday, the new RBI Retail Direct Scheme had received over 12,000 registrations from retail investors, which was described as an “encouraging response”.

Conduct, Culture & Accountability

CSRC Bars Brokers from Using ‘Influencers’ to Push Stocks

14/11/2021

Securities firms are prohibited from working with social media influencers who are not licensed. Providing investment recommendations via livestreaming is banned.

Tokenisation

Japanese Investors to Gain Access to Digital Securities via ADDX

14/11/2021

Through securities broker Tokai Tokyo, ADDX (formerly iSTOX) will offer Japanese investors access to tradeable security tokens backed by real estate and other assets.