Securities / Derivatives

ASIC Issues Updated Guidance on ETP Naming Conventions

25/11/2022

ETP naming conventions are divided into two levels: primary labels which indicate product type, and secondary labels which indicate specific risks or strategies.

Securities / Derivatives

SGX Issues New Standards for Virtual/Hybrid General Meetings

25/11/2022

The standards cover the functional capabilities, availability levels, and recovery provisions of systems that enable issuers to hold virtual and hybrid general meetings.

ESG / Sustainability

HKEX Carbon Marketplace ‘Well Received’ by Market

24/11/2022

In the four weeks since its launch, Core Climate has recorded more than 40 trades, representing around 400,000 tonnes of carbon credits.

Fintech / Regtech

DBS Completes First Intraday Repo Trade on JPM Blockchain Network

24/11/2022

DBS said it is the first Asian bank to complete an intraday repo transaction using the Onyx network, created by JP Morgan in 2020.

AML / KYC

AUSTRAC Directs ING Australian Units to Uplift AML/CTF

24/11/2022

Two ING entities are required to improve their AML/CTF programmes, ML/TF risk assessment, IFTI and SMR reporting, and transaction monitoring.

Securities / Derivatives

BSEC Extends Dividend Restrictions to More Companies

24/11/2022

The restrictions on stock dividends will cover companies listed on the SME platform, OTC Market, and Alternative Trading Board.

Market Infrastructure

ESMA to Simplify Cash Penalties Process Under CSDR

24/11/2022

The amendments simplify the cash penalties process by putting CSDs in charge of collection and distribution, including for CCP-cleared transactions.

Capital / Liquidity

US Federal Agencies Find Shortcoming in Citigroup Resolution Plan

24/11/2022

The agencies said the shortcoming raises questions about the bank’s ability to produce accurate financial information during stress conditions and could undermine its resolution plan.

Crypto / Digital Assets

ASIC Commences Proceedings Over Unlicensed Crypto Products

24/11/2022

ASIC said some of Block Earner’s fixed yield earning products should have been licensed as managed investment schemes.