Enforcement

China to Strengthen Cross-Agency Collaboration on Capital Market Crime

24/09/2022

Regulatory, law enforcement and prosecutorial agencies will cooperate to “treat both the symptoms and the root causes” that contribute to capital market crime.

Securities / Derivatives

CSRC Approves Six New Tech-Focused ETFs in Just Two Days

23/09/2022

The rapid approvals are said to be part of China’s efforts to quickly attain self-sufficiency in strategic high-tech sectors.

Big Picture

DTCC Warns of Risks from Quantum Computing Technology

23/09/2022

DTCC outlines steps firms should take to prepare for the emergence of new post-quantum cryptography standards. Final standards are scheduled for 2024.

Big Picture

AFME Considers Implications of an EU Move to T+1 Settlement

23/09/2022

AFME acknowledges the benefits of T+1 settlement but calls for an industry task force to be set up to conduct a detailed assessment.

ESG / Sustainability

JPX Launches Pilot Trading in New Carbon Credit Market

23/09/2022

The TSE commenced pilot trading in J-Credits, which have been circulating on a voluntary basis in Japan since 2013. Trading began with 145 registered participants.

Crypto / Digital Assets

EU Lawmakers Finalise Text of MiCA Legislation – Reports

23/09/2022

Limitations on the use of USD-pegged stablecoins within the EU have been removed. Algorithmic stablecoins and tradeable NFTs could be brought into scope.

Securities / Derivatives

Tokyo, New York Bourses to Promote Cross-border Investment

23/09/2022

The NYSE and TSE will collaborate on product development, marketing, information sharing, and the use of digital technologies in market operations.

Securities / Derivatives

Chinese Officials in Hong Kong to Assist With PCAOB Inspections

23/09/2022

PCAOB inspectors have been in Hong Kong this week to commence audit inspections of US-listed Chinese companies at PwC and KPMG’s offices.

Crypto / Digital Assets

Australian Senator Proposes Bill on Digital Asset Regulation

23/09/2022

The bill would establish rules for crypto exchanges, custody providers stablecoin issuers, and banks facilitating e-CNY transactions.