SECURITIES / DERIVATIVES

Capital / Liquidity

NZ FMA Updates Liquidity Risk Management Guidance for Funds

By Editors | 02/10/2023

The proposed guidance makes clear that effective liquidity risk management is a legal obligation of MIS managers and supervisors.

Enforcement

Former Goldman Analyst, Three Others Charged for Insider Trading

By Mark Johnston | 02/10/2023

The former analyst tipped his friends to impending M&A deals. Together they made over $460,000 from trading on nonpublic information.

Fintech / Regtech

ISDA Exploring Development of “Industry Notices Hub”

By Editors | 30/09/2023

The hub would help to address uncertainty over the delivery of critical notices between derivatives market counterparties.

AML / KYC

ESMA Withdraws JSE Clear’s Recognition Decision

By Editors | 29/09/2023

JSE Clear will no longer be permitted to provide clearing services to clearing members or trading venues in the EU.

Securities / Derivatives

India Considers Allowing Trading in Fractional Shares – Report

By Mark Johnston | 29/09/2023

Fractional shares could simplify investing for India’s retail investors and help address the market entry challenges they currently face.

Securities / Derivatives

HKEX Allows Saudi Companies to Apply for Secondary Listings in Hong Kong

By Editors | 29/09/2023

Companies with a primary listing on the Saudi Exchange’s Main Market can apply for a secondary listing in Hong Kong.

Securities / Derivatives

FIA Issues Recommendations for Strengthening Cyber Resilience

By Manesh Samtani | 29/09/2023

The recommendations were developed based on input from a taskforce formed by FIA in March, in response to a ransomware attack against ION Markets.

Market Infrastructure

Hong Kong Preparing to Launch A50 Options, T-Bond Futures

By Manesh Samtani | 29/09/2023

Speaking at ISDA’s Derivatives Trading Forum, the SFC’s Ricco Leung said Mainland regulators support the launch of an A50 options contract in Hong Kong.

Securities / Derivatives

Philippine SEC Eases Disclosure Rules for Public Offerings

By Mark Johnston | 28/09/2023

The “streamlined procedures” are part of the SEC’s efforts to encourage more companies to tap the capital markets.