SECURITIES / DERIVATIVES

Securities / Derivatives

China Launches Two New Facilities to Boost Stock Market

By Manesh Samtani | 18/10/2024

A new swap facility provides funding for securities firms, funds and insurers to invest in stock. A new relending facility will finance stock repurchases.

Enforcement

SFC Opens Insider Trading Case Involving 2020 PayPal Acquisition

By Sanday Chongo Kabange | 17/10/2024

The SFC is pursuing the chairman of a HK-listed company that held shares in PayPal’s acquisition target.

Enforcement

CFTC Fines Singapore’s Olam Group for Late Reporting of Cotton Sales

By Nithya Subramanian | 30/09/2024

The CFTC said Olam’s failure to promptly report the sales resulted in the publication of inaccurate and misleading information by the USDA.

Enforcement

US SEC Fines 13 Firms, 10 Individuals for Delaying Stock Disclosures

By Nithya Subramanian | 30/09/2024

Goldman Sachs, Oaktree Capital, Bank of Nova Scotia and Alphabet Inc were among those fined for failing to provide timely information on stock holdings and transactions.

Enforcement

Japan to Penalise Nomura Securities for JGB Futures Manipulation

By Editors | 30/09/2024

In the aftermath of a penalty recommendation from the SESC, at least four companies have removed Nomura Securities from their lists of bond managers.

Market Infrastructure

HKMA, SFC Finalise Details for New Derivatives Reporting Regime

By Manesh Samtani | 29/09/2024

The UTI, UPI, CDE, LEI and ISO 20022 will be required under Hong Kong’s OTC derivatives reporting regime from 29 September 2025.

Crypto / Digital Assets

Hong Kong Exchange Lists First Digitally Native Notes

By Editors | 29/09/2024

The one-year HKD denominated digitally native notes were issued by HSBC, leveraging the HSBC Orion platform.

Securities / Derivatives

DBS Awaits Approval to Raise Stake in Chinese Securities Venture

By Editors | 28/09/2024

DBS is planning to raise its stake in its China securities joint venture from 51% to 91%, subject to regulatory approval.

ESG / Sustainability

ICMA Offers Impact Reporting Guidance for Social Bonds

By Editors | 28/09/2024

The handbook offers impact reporting metrics for affordable housing. Future iterations will cover other social bond project categories.