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ESG / Sustainability
IOSCO Issues Final Recommendations on Compliance Carbon Markets
By Editors | 18/07/2023
IOSCO’s final report sets out twelve key recommendations on establishing and enhancing compliance carbon markets, drawing from the experiences of traditional financial markets.
Securities / Derivatives
Bursa Malaysia Launches Programme to Incentivise ETF Trading
By Mark Johnston | 17/07/2023
The initiative is aimed at cultivating a vibrant ETF ecosystem and creating more opportunities for investors and traders.
AML / KYC
BSEC Chairman Under Scrutiny for Links to International Fraud
By Manesh Samtani | 17/07/2023
BSEC chairman Shibli Rubayat ul Islam allegedly received $800,000 in payments from accounts linked to a $13mn fraud against Hong Kong-based Ming Global.
Securities / Derivatives
DSB Integrates UPI in OTC ISIN UAT Environment
By Editors | 17/07/2023
Users of the OTC ISIN UAT environment can now develop and test changes to their systems to incorporate the UPI as part of the OTC ISIN record.
Fintech / Regtech
ASIC to Host Industry Roundtable on CHESS Replacement Project
By Editors | 17/07/2023
ASIC chair Joe Longo will chair an industry roundtable on 2 August to discuss a proposed CHESS replacement solution.
ESG / Sustainability
SEBI to Require Listed Entities to Cover ‘Value Chain’ in ESG Disclosures
By Editors | 16/07/2023
Listed companies will have to incorporate ESG information from firms in their value chain in their annual BRSR reports, and obtain assurance for such information.
Securities / Derivatives
CSRC Allows SHFE to Launch Synthetic Rubber Futures, Options
By Mark Johnston | 15/07/2023
Increasing fluctuations in the price of synthetic rubber has made the demand for risk management “increasingly strong”, the SHFE said.
Securities / Derivatives
SEBI Tightens Disclosure Norms for Listed Companies
By Mark Johnston | 14/07/2023
The new disclosure norms by SEBI aim to enhance transparency and accountability in corporate governance practices of listed entities.
Enforcement
Korea Prosecutors Arrest Three on Stock Manipulation Charges
By Sanday Chongo Kabange | 14/07/2023
The trio allegedly generated $27.9mn in illicit profits by manipulating the stock prices of five companies, prosecutors said.
AML / KYC
Euroclear Faces $2b Lawsuit from Russian Fund Manager
By Editors | 14/07/2023
Russian asset manager First AM says its lawsuit is intended to protect the rights and interests of clients whose assets were frozen.
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