Securities / Derivatives

Securities / Derivatives

SFC Expands Listed Structured Fund Offerings in Hong Kong

By Manesh Samtani | 24/01/2025

The SFC will allow product issuers to offer single-stock leveraged and inverse products and defined outcome-listed structured funds

Securities / Derivatives

Morgan Stanley Futures Unit Commences Operations in China

By Mark Johnston | 24/01/2025

Morgan Stanley is the 2nd major US firm after JPMorgan to have a derivatives unit in China, which scrapped foreign ownership caps for futures companies in 2020.

Securities / Derivatives

FSS Korea Designates LuxSE as ‘Major Overseas Market’

By Mark Johnston | 24/01/2025

Korean companies meeting certain conditions don’t have to submit a domestic securities registration statement to issue foreign currency bonds on LuxSE

Market Infrastructure

JSCC’s Transition to VaR Margin Models Has Improved Efficiency: JPX

By Manesh Samtani | 24/01/2025

The transition from SPAN to JSCC-VaR has improved risk management and margin efficiency for listed derivatives, but further refinements are needed.

ESG / Sustainability

Indonesia Opens Carbon Exchange to International Participants

By Nithya Subramanian | 24/01/2025

Minister says every certificate issued for international trading has been validated and authorised to prevent double accounting, double payment, and double claims.

Big Picture

Chinese Regulators Should Introduce a Stewardship Code: Report

By Manesh Samtani | 24/01/2025

Fidelity International’s Flora Wang says the implementation of such a stewardship code in China would be a “decisively positive step”.

Crypto / Digital Assets

BoCom Become First Chinese Bank to Issue Digitally Native Bond

By Mark Johnston | 23/01/2025

Bank of Communications issued the $300mn bond via its Hong Kong branch using the HSBC Orion digital asset platform.

Big Picture

Climate-Linked Bonds Can Help Drive Net Zero Transition: ECB Paper

By Thisanka Siripala | 23/01/2025

Climate-linked bonds can encourage governments to proactively address climate change and help investors hedge against long-term climate risks

Market Infrastructure

ESMA Launches Governance Structure to Support Transition to T+1

By Nithya Subramanian | 23/01/2025

The new governance structure establishes committees and specialised groups to address the regulatory and legal implications of the transition.