Securities / Derivatives

Securities / Derivatives

Philippines to Launch First Sovereign Wealth Fund by Year-end

By Editors | 07/06/2023

The Maharlika Investment Fund will be created by the end of this year, after the required legislation was passed by Congress last week.

Crypto / Digital Assets

Cboe Granted Approval to Clear Margined Crypto Futures

By Sanday Chongo Kabange | 07/06/2023

To date, Cboe has offered trading and clearing of Bitcoin and Ether futures only on a fully collateralised basis.

Enforcement

ASIC Issues First DDO Stop Order Against CFD Distribution

By Sanday Chongo Kabange | 06/06/2023

ASIC said Mitrade Global relied on a retail investor questionnaire with “significant flaws”. The interim stop order was later revoked.

Securities / Derivatives

SEBI Orders Stockbrokers to Direct More Trades to RFQ Platforms

By Sanday Chongo Kabange | 06/06/2023

From 1 July, stockbrokers will have to channel at least 10% of their proprietary corporate bond trades by value through RFQ platforms.

Securities / Derivatives

SGX RegCo Resumes Watch Listing Process After Three Years

By Editors | 06/06/2023

SGX RegCo suspended the half-yearly watch-list reviews in June 2020. With the resumption, nine companies have been added to the list.

Fintech / Regtech

SFC Chief Calls for Strong AI Governance at Licensed Firms

By Ranamita Chakraborty | 06/06/2023

The SFC will hold licensed firms responsible for conduct breaches involving AI, Julia Leung said at an HKIFA conference.

Enforcement

ASX Releases Reports on CHESS System to ASIC, RBA

By Sanday Chongo Kabange | 06/06/2023

ASX to keep CHESS operational until at least 2032. ASIC said it is prepared to take regulatory action to ensure ASX complies with its regulatory obligations.

Securities / Derivatives

Changes to Position Limit Regime to Take Effect in December: SFC

By Manesh Samtani | 06/06/2023

Asset managers will have primary responsibility for position limit compliance and reporting obligations at the individual fund or sub-fund level.

ESG / Sustainability

Bursa Malaysia Names and Shames Listed Companies With All-Male Boards

By Ranamita Chakraborty | 06/06/2023

Bursa Malaysia warns that it will take regulatory action against companies that fail to comply with the diversity requirement.