SECURITIES / DERIVATIVES

Securities / Derivatives

Vietnam to Ease Account Opening Process for Foreign Investors

By Nithya Subramanian | 24/10/2024

The SBV is drafting a circular to simplify the opening and management of Vietnamese dong-denominated accounts for foreign investors.

Market Infrastructure

SIX Signs Cooperation MoU With Hong Kong’s CMU OmniClear

By Manesh Samtani | 24/10/2024

SIX and the HKMA subsidiary will cooperate to unlock further cross-border investment opportunities between Switzerland and Hong Kong.

Fintech / Regtech

SFC to Consider Recommendations on Streamlining Workflows

By Manesh Samtani | 24/10/2024

In response to the latest report from the Process Review Panel, the SFC said it would explore expanding WINGS to the Corporate Finance Division.

Fintech / Regtech

SFC Clarifies Information Filing Requirements for New Funds Platform

By Manesh Samtani | 23/10/2024

Fund managers will not be required to file information separately to the IFP’s information portal if they have already filed such information with the SFC.

Capital / Liquidity

PBOC Conducts First Operations Through New Lending Facilities

By Mark Johnston | 23/10/2024

The PBOC exchanged assets worth CNY 50 billion with 20 financial institutions, which will use the funding to buy up stocks.

Crypto / Digital Assets

NYSE, Cboe Win Approval to List Options on Spot Bitcoin ETFs

By Editors | 23/10/2024

NYSE American received approval to list options on three bitcoin ETFs. Cboe Exchange received approval for options on two bitcoin ETFs.

Enforcement

US SEC Fines WisdomTree for ESG Compliance Failures

By Nithya Subramanian | 22/10/2024

The investment adviser agreed to pay a $4mn fine for failing to exclude fossil fuel and tobacco investments from its ESG-marketed funds.

Securities / Derivatives

SFC Announces Fast Track Process for Simple Fund Authorisations

By Manesh Samtani | 22/10/2024

Under FASTrack, the SFC will take up applications within five business days of receipt, and grant authorisation within 10 business days from the take-up date.

Enforcement

SGX RegCo Reprimands Former Directors and CEO of Sunrise Shares

By Nithya Subramanian | 22/10/2024

Five individuals were reprimanded for failing to implement effective internal controls and for reporting inaccurate financial results.