Market Infrastructure

FSB Reports Further Progress on OTC Derivatives Reforms

05/12/2021

15 out of 24 FSB member jurisdictions have implemented higher capital requirements for non-centrally cleared derivatives, compared to just 8 in 2020.

Securities / Derivatives

China Regulators Grow Increasingly Cautious of Quant Funds

05/12/2021

AMAC has reportedly closed a fast-track channel for quant fund managers, reflecting concerns that algo-based trading can increase volatility and unfairness in markets.

Enforcement

Hong Kong FRC Launches New Whistleblowing Policy

05/12/2021

Protecting whistleblowers’ identities will be the FRC’s highest priority. It will not share any personal information to outside parties unless it is “legally obliged to do so”.

AML / KYC

Interpol Concludes Global Operation Targeting Wildlife & Timber Crime

05/12/2021

Customs, police, FIUs and wildlife and forestry enforcement agencies in 118 countries participated in the operation, which has led to hundreds of arrests and over 1,000 seizures.

Securities / Derivatives

Thai SEC Seeks to Smooth Transition to Mandatory Pension

05/12/2021

The SEC proposes changes to reduce the chance of voluntary provident funds being dissolved or liquidated, which it says could impact THB 1.3 trillion in capital market investments.

Securities / Derivatives

SEBI Proposes to Ease Rules on Preferential Share Issuance

05/12/2021

The regulator proposes relaxed pricing norms, a shorter lock-in period, and to allow promoters to pledge shares for loans during the lock-in period.

ESG / Sustainability

HKEX Launches Net Zero Guide, ESG Metrics on STAGE

05/12/2021

The Net Zero Guide will help companies develop a pathway to net-zero. A new equities section on STAGE will provide a consolidated view of ESG ratings from different providers.

Securities / Derivatives

SEBI Directs Market to Display Investor Charter, Complaints Data

04/12/2021

From January 2022, stock exchanges, merchant bankers and RTAs will need to publish the new investor charter as well as complaints data on their websites.

Market Infrastructure

Thai SEC to Enhance Capital Market Resilience to Cyber Risk

04/12/2021

Under revised rules, market participants are required to and enhance cybersecurity control measures, vulnerability assessments, penetration testing and third-party access controls.