Securities / Derivatives

US Postpones Investment Ban on ‘Chinese Military Companies’

20/05/2021

The two-week delay is needed to craft a stronger policy to prohibit trades in companies connected to the Chinese military, including to evaluate the companies on the list.

Enforcement

ASIC Fines Macquarie Securities A$126,000 Over Algorithm Failure

19/05/2021

Macquarie Securities was meant to conduct a share buyback for a client via ordinary trading, but the trade went through ASX Centre Point, a dark market.

ESG / Sustainability

Singapore Sustainability Reporting Sees Marked Improvement: SGX

19/05/2021

In a joint review, SGX RegCo and NUS Business School found an overall increase in the depth and understanding of sustainability reporting.

ESG / Sustainability

Singapore Taskforce Issues Climate Disclosure Guide for FIs

19/05/2021

GFIT also announced a framework for green trade finance and published a roadmap to scale green finance in the real estate, infrastructure, fund management and transition sectors.

Capital / Liquidity

APRA Asks Banks to Improve RNIV Reporting & Capitalisation

19/05/2021

APRA says it has observed weaknesses in banks’ Risks-not-in-VaR frameworks and inconsistencies in the calculation of the capital add-ons applied.

Securities / Derivatives

JPX Establishes Working Group to Enhance Equity Market

19/05/2021

The working group will discuss trading system resilience and functionality, a possible extension of trading hours, and the introduction of holiday trading.

Securities / Derivatives

CSRC Approves China’s First Tradeable Infrastructure REITs

18/05/2021

Five REITs will be traded in Shanghai, while another four will be traded in Shenzhen. The nine projects will raise an estimated CNY 30 billion.

AML / KYC

Former Manager of Sun Life HK Charged for Money Laundering

18/05/2021

The ICAC alleges that the former senior unit manager of Sun Life Hong Kong dealt with crime proceeds totalling over HKD 640,000.

Bank of Thailand Unveils Third Phase of Debt Relief

18/05/2021

The third phase of debt relief measures covers unsecured credit card and personal loans, auto hire-purchase loans, car title loans and mortgages.