Securities / Derivatives

HSBC Raises Stake in China Securities Venture to 90pc

10/04/2022

HSBC Qianhai Securities was set up in 2017 and primarily engages in securities underwriting, brokerage and investment advisory services

Securities / Derivatives

Thai SEC to Allow Use of Foreign Custodians in DR Issuance

10/04/2022

Under revised guidelines, depository receipt issuers can directly appoint a global custodian or foreign agent to hold overseas securities.

ESG / Sustainability

Smaller Super Funds Face Bigger Sustainability Challenges: APRA

10/04/2022

On the whole, assets in small and medium sized super funds are declining. Large super funds can more easily spread their costs over a wider membership base.

Central Bank Official Shot as Myanmar Imposes New FX Controls

10/04/2022

The shooting came days after an order requiring all foreign currency held in bank accounts to be converted to kyats. New limits are also being imposed on international cards issued by domestic banks.

Securities / Derivatives

ASX Proposes to Enhance Rules for SPPs, Material Placements

09/04/2022

ASX is seeking views on two alternative bases proposed for conducting a scale-back on security purchase plans, and proposes new disclosure requirements for material placements.

MAS Publishes Compliance Toolkit for Financial Advisers

09/04/2022

The toolkit provides guidance to facilitate compliance by financial advisers with MAS approval and reporting requirements.

Securities / Derivatives

SEBI Defers Deadline on Use of Pool Accounts for Fund Transactions

09/04/2022

SEBI said AMFI has sought additional time for the implementation of directions that prohibit intermediaries from pooling investor money for mutual fund transactions.

Capital / Liquidity

APRA Consults on Interim Capital Reporting Standards

08/04/2022

APRA says it has made changes to better meet data needs, simplify reporting requirements, and reduce the need for future data collections and ad hoc requests.

AML / KYC

FSC Australia Issues Guidance on Russian Asset Divestment

08/04/2022

The guidance is for superannuation trustees, asset managers investing superannuation capital, and asset managers operating managed schemes with super funds as investors.