SECURITIES / DERIVATIVES

Securities / Derivatives

CFTC Approves Four Comparability Determinations for Foreign Jurisdictions

By Editors | 26/06/2024

Certain swap dealers in Japan, Mexico, the EU, and UK can satisfy certain US capital and financial reporting requirements by complying with home country rules.

Market Infrastructure

China to Streamline Fund Management Rules for QFII Investors

By Mark Johnston | 26/06/2024

A top official said research is being conducted to facilitate QFII/RQFII investors’ participation in the domestic securities market.

Crypto / Digital Assets

France, Luxembourg Publish Results of Bond Tokenisation Project

By Editors | 26/06/2024

Project Venus highlighted the potential for wCBDC and DLTs to improve access, security, and efficiency of digital capital markets.

Securities / Derivatives

Mizuho Seeking Approval to Establish China Securities Unit

By Sanday Chongo Kabange | 26/06/2024

The CSRC has officially accepted an application from Mizuho seeking the establishment of a securities company in China.

Securities / Derivatives

Thailand Revises Rules on Short Selling, Algorithmic Trading

By Sanday Chongo Kabange | 26/06/2024

The revised rules introduce the uptick rule and a registration requirement for HFT investors, among other measures, effective from 1 July.

Enforcement

Japan FSA Orders MUFG Units to Correct Control Deficiencies

By Mark Johnston | 26/06/2024

The MUFG units breached Japan’s “firewall” regulations by sharing non-public client information without authorisation, the FSA said.

Securities / Derivatives

UBS Partially Offloads Stake in Credit Suisse China Venture

By Nithya Subramanian | 25/06/2024

UBS had to reduce its stake because foreign shareholders are not allowed to simultaneously hold majority stakes in more than one domestic brokerage.

Securities / Derivatives

Invesco Launches First European ETF Tracking ChiNext

By Nithya Subramanian | 25/06/2024

The fund will invest in companies involved in innovative sectors such as artificial intelligence, electric vehicles, robotics and biotech.

Securities / Derivatives

Nasdaq Scrutinising IPO Applicants from China, Hong Kong

By Mark Johnston | 25/06/2024

Nasdaq officials have reportedly been inquiring into the identities and independence of pre-IPO investors of Chinese and Hong Kong companies seeking to list in the US.