SECURITIES / DERIVATIVES

Securities / Derivatives

CFTC Finalises New DCO Rule and Introduces Three Proposals

By Editors | 31/07/2023

The final rule amends reporting requirements for DCOs. The three proposals cover SEF regulations, uncleared swap confirmations, and margin requirements.

AML / KYC

SEBI Considers Tweaks to Derivatives Market Onboarding Process

By Sanday Chongo Kabange | 31/07/2023

SEBI dismissed media reports that suggested the regulator was seeking to impose curbs on retail participation in derivative markets.

Market Infrastructure

ASX Pledges to Implement Further Governance Improvements

By Sanday Chongo Kabange | 31/07/2023

ASX has pledged to, within three months, implement 16 recommendations made by Herbert Smith Freehills in its review of the group’s governance structure.

Securities / Derivatives

Chinese Firm Set to Stage First US IPO Under New CSRC Rules

By Editors | 31/07/2023

Chinese-based Majestic Ideal Holdings is inching towards becoming the first company to IPO in the US under newly-implemented rules for overseas listings.

Fintech / Regtech

FSS Korea Enhances Disclosure System to Provide Translation Feature

By Sanday Chongo Kabange | 31/07/2023

Korean regulators are trying to increase English disclosures in the local market as part of efforts to attract more foreign investors.

Crypto / Digital Assets

Digital Yuan Being Used for Clearing Commodity Spot Trades

By Editors | 30/07/2023

Industrial Bank is the first bank to incorporate digital RMB into commodity spot trading, paving the way for future advancements in this area.

Enforcement

FSS Korea Completes Inspections of CFD Businesses

By Editors | 30/07/2023

The FSS said it will take “stern measures” against illegal acts identified from the inspections, which covered three major securities firms.

Securities / Derivatives

SHFE Launches Trading in Synthetic Rubber Futures

By Editors | 30/07/2023

The new futures and options contracts are the world’s with butadiene rubber as the underlying commodity.

AML / KYC

HKMA, SFC Offer New Guidance on Suitability Obligations

By Manesh Samtani | 30/07/2023

HKMA and SFC say intermediaries can tailor their point-of-sale procedures to the personal circumstances of sophisticated professional investors.