Securities / Derivatives

Securities / Derivatives

US SEC Enhances Disclosures on Order Execution Quality

By Editors | 08/03/2024

The amendments for the first time enable customers of larger broker-dealers to gain access to direct information about aggregate execution quality.

ESG / Sustainability

UK to Start Regulating ESG Ratings Later This Year

By ESG Investor | 08/03/2024

Budget statement confirms that the UK will regulate ESG ratings, with full consultation and legislative steps due to be announced later this year.

Capital / Liquidity

Taiwan FSC to Allow Insurers to Issue Capital Bonds Overseas

By Editors | 07/03/2024

Cathay Life Insurance has already announced it will establish an SPV in Singapore to issue bonds, which would make it the first to take advantage of the revision.

Securities / Derivatives

India’s AMFI Relaxes Rule on Payments to Fund Distributors

By Ajoy K Das | 07/03/2024

AMCs can pay trail commissions to new distributors after assets have been transferred from an old distributor by an investor, after 6 month cooling-off period.

Enforcement

ASIC Issues First Ever Penalty Against Market Operator

By Sanday Chongo Kabange | 07/03/2024

ASX has paid A$1.05mn for a pre-trade transparency failure caused by “carelessness rather than recklessness or intentional misconduct”.

ESG / Sustainability

US SEC Adopts Mandatory Climate Disclosure Rules

By Manesh Samtani | 07/03/2024

The final rules allow large companies to report Scope 1 and 2 emissions only if they are material, and remove requirements to also disclose Scope 3 emissions.

Securities / Derivatives

CSRC Promises Stricter Regulation, Supervision of Capital Market

By Manesh Samtani | 07/03/2024

Chairman Wu Qing said the CSRC would “act decisively” in the stock market, improve its rules framework, and strengthen investor protection.

ESG / Sustainability

SGX RegCo Consults On Integrating ISSB Standards Into Listing Rules

By Nithya Subramanian | 07/03/2024

SGX RegCo proposes to make it mandatory for listed companies to report on sustainability, compared to the current “comply or explain” approach.

ESG / Sustainability

Philippine SEC Adopts Sustainable Finance Taxonomy

By Sanday Chongo Kabange | 06/03/2024

The SEC said issuers of securities should refer to the taxonomy when making investment decisions or designing sustainable financial products and services.