SECURITIES / DERIVATIVES

Securities / Derivatives

CSRC Approves First ETF Listings Tracking Saudi Arabia

By Editors | 17/06/2024

Two ETFs managed by Huatai-Pinebridge Fund Management and China Southern Asset Management were approved.

Market Infrastructure

CSRC Proposes to Enhance Funds Recognition Scheme

By Editors | 17/06/2024

Mutually recognised funds will be allowed to delegate their investment management functions to overseas asset management institutions.

Market Infrastructure

More ETFs Will be Added to Stock Connect on 22 July

By Editors | 17/06/2024

The AUM and index weighting requirements have been relaxed to include more HK- and mainland-listed ETFs in Stock Connect.

ESG / Sustainability

HKEX Proposes Enhancements to Corporate Governance Code

By Editors | 17/06/2024

The new requirements aim to enhance risk management as well as board effectiveness, independence and diversity.

AML / KYC

Malaysia SC Issues Revised AML/CFT/CPF Guidelines

By Editors | 17/06/2024

The updated guidelines include requirements to identify and perform due diligence on counterparty VASPs before transmitting information to them.

AML / KYC

MAS, CAD Investigating Seatrium Over ‘Operation Car Wash’

By Editors | 16/06/2024

Seatrium disclosed that MAS and the Singapore police have requested further information for a joint investigation.

Securities / Derivatives

HK Investment Banks Call for Easing of Stock Buyback Rules

By Editors | 15/06/2024

Investment banks are reportedly asking HKEX to make it possible for issuers to use convertible bond proceeds for share buybacks, without EGM approval.

Enforcement

Japan FSA Considers Penalties for MUFG Entities

By Editors | 15/06/2024

Japan’s SESC has formally recommended penalties for three MUFG units for unauthorised sharing of client information.

Securities / Derivatives

Malaysia SC Issues Revised Guidelines on CFDs

By Editors | 14/06/2024

The latest amendments expand the underlying instruments for CFDs to include ETFs, REITs, and commodity derivatives.