Securities / Derivatives

Capital / Liquidity

HKEX to Accept CGBs as Collateral for Swap Connect from 13 Jan

By Sanday Chongo Kabange | 17/12/2024

From 13 January, China government bonds held through Bond Connect can be used as collateral for Northbound Swap Connect.

Enforcement

US SEC Fines Cantor Fitzgerald Over Misleading SPAC Disclosures

By Editors | 16/12/2024

Cantor Fitzgerald failed to disclose that it had already commenced negotiations with merger targets for two SPACs prior to their IPOs.

Market Infrastructure

China Expands Private Pension Scheme to Nationwide Implementation

By Editors | 16/12/2024

More banks are permitted to offer pension services and the eligible products have been expanded to include government bonds and index funds.

Crypto / Digital Assets

Korea Halts Implementation of New Crypto and Securities Tax

By Editors | 16/12/2024

A revision bill was passed to prevent new taxes on gains from crypto, stocks, bonds, and funds from taking effect on 1 January 2025.

Capital / Liquidity

AllianceBernstein to Sue Switzerland Over Credit Suisse AT1 Writedown

By Editors | 16/12/2024

AllianceBernstein will be the first large institutional investor to sue Switzerland over its decision to write down Credit Suisse’s AT1 bonds last year.

Capital / Liquidity

China Vows ‘Special Actions’ to Boost Domestic Economy

By Editors | 15/12/2024

President Xi Jinping pledged lower interest rates, reduced reserve requirements for banks, and “special actions” to boost consumption.

Market Infrastructure

EU Agrees to Streamline BMR Authorisation, Registration Rules

By Editors | 15/12/2024

Administrators of benchmarks defined as non-significant in the EU will be removed from the scope of current rules.

Enforcement

SGX Reprimands RHT Capital for Breaching Sponsor Obligations

By Editors | 14/12/2024

RHT Capital failed to advise Y Ventures to promptly disclose that its financial statements contained material errors that were false and misleading

Market Infrastructure

HKEX Introduces Fund Repository on Integrated Fund Platform

By Sanday Chongo Kabange | 13/12/2024

HKEX said the Fund Repository will provide investors access to information on over 2,000 SFC-authorised funds.