ESG / Sustainability

ASEAN Exchanges Agree on New Set of ESG Metrics

13/09/2023

Previously, Environment (E) and Social (S) metrics were developed. The exchanges have now agreed on complementary Governance (G) metrics.

HKMA Chief Appointed to Key BIS Post to Support Emerging Markets

13/09/2023

HKMA chief Eddie Yue was appointed Chair of the meeting of Governors of major emerging market economies for three years.

Securities / Derivatives

India to Explore Allowing Domestic Firms to Directly List in London

13/09/2023

India’s government will explore the London Stock Exchange as an international destination for the direct listing of Indian companies.

Sanctions

EU Imposes Human Rights Sanctions Against Russian Judges, Prosecutors

13/09/2023

The EU Council said Russia’s judiciary is “not independent” and is “used to systematically and severely violate the human rights of individuals opposed to the ruling regime”.

Market Infrastructure

CME, DTCC Receive Approval for Cross-Margining Arrangement

13/09/2023

The arrangement will enable capital efficiencies for clearing members that trade and clear both US Treasury securities and CME Group interest rate futures.

Securities / Derivatives

CSRC Expands Scope of Assets Allowed in Infrastructure REITs

13/09/2023

Infrastructure REITs can include “consumer infrastructure” assets – including department stores, shopping malls, and farmers’ markets.

Enforcement

Taiwan FSC Fines Fubon and Prudential Units for Misconduct by Employees

13/09/2023

Two Fubon employees and one Prudential employee mirrored the trades of the funds they were managing, using third-party accounts.

Crypto / Digital Assets

JPMorgan Seeks Regulatory Approval to Launch ‘Digital Deposit Token’

13/09/2023

The deposit token would represent a digital claim against a commercial bank deposit, and could be used for instant payments and settlements across the financial system.

Securities / Derivatives

NSE India Granted Approval for Crude Oil, NatGas Options

12/09/2023

NSE India already launched rupee-denominated WTI crude oil and natural gas futures contracts in May 2023. The new options contracts will launch on 23 October.