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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.

Securities / Derivatives
SEBI Tweaks Process for Allocating OFS Shares to Employees
By Ajoy K Das | 14/06/2024
SEBI said employees will still be required to place bids on T+1, but such bids must be placed at the previous day’s cut-off price.

Crypto / Digital Assets
UPDATED – ASX to List First Bitcoin ETF, Joining Cboe Australia
By Editors | 14/06/2024
APAC CEO Arian Neiron said VanEck recognised bitcoin as an emerging asset class that “many advisers and investors want to access”.

Securities / Derivatives
HKEX Lists First Specialist Tech Firm Under Chapter 18C Regime
By Manesh Samtani | 14/06/2024
HKEX established the Chapter 18C listing regime last year to support fundraising by innovative technology firms.
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