Securities / Derivatives

Thailand Launches Information Platform for Sustainability Bonds

25/10/2020

The information platform is based on the Luxembourg Green Exchange, and follows the SEC’s engagement with the Luxembourg bourse earlier this year.

FMA to Recognise Australian Financial Advice Qualifications

25/10/2020

In addition to holding Australian qualifications, the FMA proposes that Australian advisers will need to have at least 12 months’ experience working in Australia.

Securities / Derivatives

HKEX, SZSE Launch New ETF Cross-listing Scheme

25/10/2020

HKEX and SZSE have also signed an MOU to promote the ETF Cross-listing Scheme and facilitate more connections between the two markets.

Securities / Derivatives

China: S&P Global Authorised to Rate Exchange-traded Bonds

25/10/2020

S&P Global’s China unit can rate bonds and asset-backed securities that are traded or listed for transfer on China’s exchange-traded bond market.

Securities / Derivatives

HKEX Proposes to Allow Holiday Trading of MSCI Derivatives

25/10/2020

Exchange participants are asked to indicate their expectations for operational readiness by completing an online form by 6 November.

Super Licensees Must Observe Controlling Stake Requirements: APRA

23/10/2020

Regulatory approval is required before a change in a superannuation licensee’s ownership occurs. Noncompliance may attract “severe penalties”.

AML / KYC

MAS Bans Former BSI Banker Over 1MDB ‘Secret Profits’

23/10/2020

The former banker received about $5mn in fund management fees in an entity he beneficially owned, at the expense of and without the knowledge of BSI Bank.

AML / KYC

AUSTRAC Wants Lawyers, Accountants Under its AML Remit

23/10/2020

AUSTRAC chief Nicole Rose expressed concerns that professional facilitators are being used to evade money laundering detection.

Securities / Derivatives

NZX, EEX to Jointly Develop Auction Service for Emissions Trading

23/10/2020

NZX and EEX will develop and operate the managed auction service for New Zealand’s Emissions Trading Scheme, helping to bring carbon costs into the mainstream.