Trading & Investment

HKEX to Revise Position Limits for Single Stock Options, Futures

02/06/2022

HKEX also proposes to remove the additional position limits that apply to mini-HSI and mini-HSCEI futures and options contracts.

Reporting & Disclosures

Japan FSA Drafts Indicators to Assess Social Projects

02/06/2022

A draft set of indicators have been published which issuers can use to help them assess the social impacts of projects financed with social bonds.

Climate Risk

China to Drive Decarbonisation Through Tax and Fiscal Policy

02/06/2022

National low-carbon transition funds will be established and existing government investment funds will help to facilitate decarbonisation.

Market Abuse

Korea FSS to Form Taskforce Targeting Illegal Short Selling

02/06/2022

The task force will first conduct fact-finding inspections and investigate areas with a high probability of short selling violations.

Trading & Investment

Bangladesh Moves Towards Market Based Exchange Rates

02/06/2022

A policy requiring banks to quote uniform rates has been abandoned. Banks can base their FX rates on supply and demand.

Emerging Prudential Risks

SAFE Allows High-tech Firms to Increase Overseas Borrowing

02/06/2022

High-tech companies in 17 provinces/cities can borrow funds from overseas to finance R&D and accelerate their development.

Tokenisation

UnionBank Issues Philippines’ First DLT-based Digital Bond

02/06/2022

The issuance follows a POC project to optimise bond issuance workflows between STACS and PDTC, the Philippines’ national CSD for debt and equities.

Market Abuse

Ex-OpenSea Employee Charged for Insider Trading in NFTs

02/06/2022

The former product manager traded on confidential information about which NFTs were going to be featured by OpenSea’s website.

Climate Risk

NZ XRB Publishes Directors’ Guidance on Climate Disclosures

02/06/2022

The guide outlines key considerations and best practice areas for directors to consider as they prepare for New Zealand’s climate-related disclosures framework.