Securities / Derivatives

TAIFEX Partners CME Group, Nasdaq to Launch Semiconductor Futures

22/11/2023

New contract will make TAIFEX the only non-US exchange to list futures for four major US equity indexes.

Crypto / Digital Assets

ICMA Offers Analysis of Risk Disclosures Used to Issue DLT-based Bonds

22/11/2023

The analysis identifies additional risk factors that feature in bond offering documents to address risks specific to the use of DLT.

AML / KYC

US Authorities Secure Multi-Billion Dollar Settlement from Binance

21/11/2023

Binance CEO Changpeng Zhao stepped down as part of the settlement with DOJ, FinCEN, OFAC and CFTC. SEC case not mentioned.

Crypto / Digital Assets

SEC Charges Crypto Firm Kraken for Operating Without Registration

21/11/2023

The SEC said Kraken’s failure to register deprived investors of “significant protections” and “safeguards against conflicts of interest”.

Securities / Derivatives

HKEX to Implement Position Limit Changes on 22 December

21/11/2023

The enhancements will boost the vibrancy and attractiveness of Hong Kong’s markets, said HKEX’s said Wilfred Yiu.

Sanctions

US Adds Indian Firm to Entity List, Highlights Export Controls on Russia

20/11/2023

Commerce Department accuses the firm of supplying US-origin circuits to Russian defence companies, while also targeting firms supplying US-origin airline parts to Venezuela.

ESG / Sustainability

HKEX Pleased With Latest Findings from Corporate Governance Review

20/11/2023

The review found a reduction in long-serving INEDs and an increase in board diversity. HKEX has issued new guidance for INEDs.

AML / KYC

Malaysia SC to Launch New Anti-Scam Search Portal by Year-End

20/11/2023

By mid 2024, BNM and PayNet will also have finished building the new National Fraud Portal, a “smart system” for tracing fund movements and identifying money mules.

Market Infrastructure

China Pushes FIs to Provide Financing to Property Firms

20/11/2023

Financial firms were asked to meet all “reasonable financing needs” of property firms. A “white list” of firms eligible to receive financing is being drafted.