Securities / Derivatives

ESG / Sustainability

IOSCO Announces Formal Endorsement of ISSB Standards

By Manesh Samtani | 25/07/2023

IOSCO is now calling on regulators around the world to consider adopting the ISSB standards in their local jurisdictions.

Securities / Derivatives

What Asset Managers Should Know About China’s New Rules for Private Funds

By Melody Yang | 25/07/2023

Melody Yang and YuYing Wang discuss the impact to global asset managers who are raising funds from Chinese investors or establishing private funds onshore.

Capital / Liquidity

UBS Penalised $388m Over Credit Suisse’s Archegos Failings

By Editors | 25/07/2023

US, UK, and Swiss regulators took coordinated action to punish the “unsafe and unsound” risk management practices at Credit Suisse.

Securities / Derivatives

Mainland Investors Cut Off from Using Northbound Stock Connect

By Manesh Samtani | 25/07/2023

As of 25 July, exchange participants are not allowed to register new BCANs for clients who are Mainland investors.

Securities / Derivatives

Enhancements to Wealth Connect, Bond Connect Coming ‘Soon’

By Editors | 25/07/2023

Regulators to include more products in Wealth Connect and southbound Bond Connect, while allowing more investors to participate.

Securities / Derivatives

CSRC Issues Rules on Short-term Stock Trading by Company Insiders

By Editors | 25/07/2023

The rules apply to major shareholders, directors, supervisors, and senior managers of listed companies, as well as their spouses, parents, and children.

Market Infrastructure

EU Reaches Agreement on Rule Enhancements for Investment Funds

By Editors | 25/07/2023

AIMA’s deputy CEO Jiri Krol said some restrictions are “difficult to justify” but that AIMA has worked with policymakers to ensure they are “better defined and calibrated”.

Securities / Derivatives

HKEX Amends Listing Rules to Match CSRC’s Overseas Listing Requirements

By Editors | 24/07/2023

Mainland issuers seeking a listing in Hong Kong will have to submit to HKEX a CSRC notification that confirms their completion of the Mainland filing procedures.

Capital / Liquidity

SEBI Proposes Prudential Norms for Clearing Corporations’ Exposure

By Ranamita Chakraborty | 24/07/2023

India’s securities regulator is looking to protect clearing corporations through prudential regulations to limit their concentration risk.