SECURITIES / DERIVATIVES

Securities / Derivatives

Deutsche Bank Issues First Panda Bond in China for 2023

By Editors | 18/01/2023

The panda bond is the first since the introduction of new rules that allow foreign issuers to freely use the proceeds overseas without restriction.

Capital / Liquidity

ECB Identifies Weak Risk Management at EU Banks

By Editors | 18/01/2023

The ECB identified “material shortcomings” in how banks manage counterparty credit risks. Banks should “promptly address weaknesses”.

Fintech / Regtech

China Releases New Data Standards for Public Fund Disclosures

By Editors | 18/01/2023

Funds should use technology to standardise and digitise disclosures of information on publicly-offered securities investment funds.

Enforcement

Korea: Tougher Penalties for Unfair Trading Expected Within H1

By Editors | 18/01/2023

Those engaged in unfair trading activities would face either a prison sentence of at least one year or a fine of between three and five times profits.

Securities / Derivatives

SEBI Proposes to Allow PE Funds to Sponsor Mutual Funds

By Editors | 18/01/2023

The changes will draw fresh capital into the fund industry, encourage more competition, and allow easier exits for existing sponsors.

Market Infrastructure

ESMA Adds TAIFEX to List of Recognised Third Country CCPs

By Editors | 18/01/2023

The recognition allows European financial institutions to apply the minimum risk weight of 2 percent for exposures to TAIFEX derivatives.

Enforcement

China Further Signals End to Tech Sector Crackdown

By Manesh Samtani | 18/01/2023

Didi passed its security review and is allowed to resume onboarding new customers. Government entities are acquiring “golden shares” in some tech giants.

Securities / Derivatives

Two Chinese Airlines to Voluntarily Delist from NYSE

By Sanday Chongo Kabange | 17/01/2023

The voluntary delistings are a recognition that Chinese state firms will be unable to provide US regulators full access to their audit records as required.

Securities / Derivatives

India to Complete Transition to T+1 on 27 January

By Editors | 17/01/2023

All large-cap and blue-chip stocks will move to the shortened T+1 settlement cycle on 27 January. Market liquidity and trading volumes are expected to improve.