SECURITIES / DERIVATIVES

ESG / Sustainability

Biden Blocks Anti-ESG Bill; Texas to Divest from HSBC

By Editors | 23/03/2023

HSBC was added to a list that will requires state governmental entities in Texas to divest from all of the bank’s publicly traded securities within 360 days.

Crypto / Digital Assets

Eurex to Launch Europe’s First Bitcoin Futures Contract

By Editors | 23/03/2023

The contract, developed in partnership with FTSE Russell and Digital Asset Research, will launch on 17 April 2023.

Securities / Derivatives

SFC Publishes “Quick Reference” Licensing Guides

By Editors | 23/03/2023

The quick reference guides are intended to encourage more family offices and private equity businesses to operate in Hong Kong.

ESG / Sustainability

Malaysia to Launch Sustainability Reporting Platform in April

By Editors | 23/03/2023

UMW Corp and Maybank will be early adopters of the platform, which was developed by Bursa Malaysia in collaboration with LSEG.

Securities / Derivatives

Malaysia Launches Corporate Venture Capital Programme

By Editors | 22/03/2023

The programme seeks to promote corporate venturing as a potential enabling or innovation strategy to catalyse growth.

Market Infrastructure

China Plans to Allow Foreign FIs to List Domestically

By Editors | 22/03/2023

Foreign-funded institutions have become an “indispensable part” of the domestic financial system, said top official Lou Jiwei.

Enforcement

CFTC Revokes Registrations of Allianz Global Investors

By Editors | 22/03/2023

The CFTC’s order was issued to “protect the derivatives markets and market participants” after three portfolio managers made fraudulent representations to investors for several years.

Securities / Derivatives

CSRC Halts New Chinese Listings on SIX Swiss Exchange

By Editors | 21/03/2023

Chinese regulators are concerned that a substantial portion of GDRs are bought by domestic investors, who later exploit home market price differences.

ESG / Sustainability

HKMA Chief Outlines Plans to Continue Developing Green Bond Market

By Sanday Chongo Kabange | 21/03/2023

At ASIFMA’s event on Friday, Eddie Yue said some future green bonds will be set aside for MPF funds, and that Hong Kong’s green bond programme will expand to cover sustainable bonds.