SECURITIES / DERIVATIVES

Enforcement

Korean Regulator Probes Sales of High Risk Derivatives

By Editors | 27/11/2023

Korean banks and brokerage firms sold equity-linked securities tied to the HSCEI, which has fallen more than 50 percent from its peak in 2021.

Enforcement

CSRC Probes Private Funds Over False Disclosures

By Editors | 27/11/2023

The CSRC said two private funds engaged in a multi-layered investment scheme, with false information disclosure and possible criminal behavior.

Securities / Derivatives

HKEX Allows Indonesian Companies to Apply for Secondary Listings

By Editors | 27/11/2023

The inclusion of IDX on HKEX’s list of Recognised Stock Exchanges allows Indonesian companies to apply for a secondary listing in Hong Kong.

Market Infrastructure

SFC, HKEX Formally Announce Plans to Launch China Treasury Bond Futures

By Editors | 26/11/2023

The launch of treasury bond futures in Hong Kong will further expand the toolkit for overseas investors to hedge their exposure to Mainland assets.

Fintech / Regtech

RBA to Lower Regulatory Burden for Small Securities Settlement Facilities

By Mark Johnston | 26/11/2023

The proposal aims to accommodate the “probable emergence of new, technologically innovative securities settlement facilities”.

Crypto / Digital Assets

UK Funds Can Start Tokenising Funds, FCA Confirms

By Mark Johnston | 25/11/2023

In this initial stage, FCA authorised funds can implement tokenisation using a “baseline approach”, provided they meet certain characteristics.

Enforcement

SFC Starts Legal Proceedings Against AMTD Global Markets Limited

By Sanday Chongo Kabange | 24/11/2023

The SFC has asked the city’s Court of First Instance to inquire into the circumstances of non-compliance by AMTD Global Markets Limited and its former executives.

Securities / Derivatives

Mizuho Seeking Licence to Establish China Securities Unit

By Editors | 24/11/2023

If approved, Mizuho will become the third Japanese firm after Nomura and Daiwa to establish a securities company in China.

Enforcement

EU Commission Fines Rabobank for Participating in Bond Trading Cartel

By Editors | 23/11/2023

Deutsche Bank also participated in the cartel but was not fined because it revealed the cartel to the Commission under its leniency programme.