Market Infrastructure

HK AFRC Seeking Fast-track Access to Mainland Audit Papers

25/10/2022

The AFRC is working closely with China’s MOF to explore ways to streamline the process for gaining access to mainland audit documents.

Securities / Derivatives

Nasdaq Halts At Least Four Chinese IPOs – Report

24/10/2022

Nasdaq will reportedly not allow certain IPOs to proceed until it can address concerns about large stock rallies seen by some Chinese issuers.

Securities / Derivatives

ASIC Seeks Feedback on Asia Region Funds Passport

24/10/2022

ASIC is inviting the managed funds industry to provide feedback on the level of industry interest and preparedness to use the ARFP.

Securities / Derivatives

Taiwan Restricts Short Selling Based on Daily Triggers

24/10/2022

A short selling ban will apply to all TWSE and TPEx stocks that fall 3.5 percent or more in a day. The FSC will make a daily list of stocks subject to the ban.

Securities / Derivatives

ASX Sets Out Measures for Handling Future Outages

24/10/2022

ASX will consult on a new automated service that can provide greater certainty about trade and order status, and a new ‘Cancel Only’ session state.

Crypto / Digital Assets

US Tax Filing Instructions Amendments Includes NFT Reference

24/10/2022

The new language obliged individual taxpayers to report income received from disposals of NFTs, as well as any other “digital asset”.

Capital / Liquidity

India: ISDA Requests Details on CCIL’s Proposed UMR Services

24/10/2022

ISDA has responded to CCIL proposals to create a margining and collateral service for non-centrally cleared OTC derivatives trades in India.

ASIC Offers Recommendations on Improving Auditor Practices

24/10/2022

ASIC conducted a thematic review on root cause analysis practices at the six largest audit firms, ahead of ASQM 1 coming into effect on 15 December 2022.

Securities / Derivatives

Bangladesh: Slow Start for Govt Bond Trading on Exchanges

24/10/2022

Government bonds can now be traded on Bangladesh’s stock markets, but only very few trades have taken place so far.