SECURITIES / DERIVATIVES

ESG / Sustainability

China Preparing to Issue New Rules for Green Funds – Report

By Editors | 22/12/2022

The new rules will require mutual funds and ETFs to have at least 60 percent of their assets in defined green investments to be eligible to be sold as green products.

Market Infrastructure

ESMA Publishes Final Guidelines, Validation Rules for EMIR Refit

By Editors | 22/12/2022

ESMA published its final guidelines for reporting under EMIR, the final validation rules, and reporting instructions for outgoing and incoming messages.

Capital / Liquidity

Korean Banks to Resume Bond Issuance as Markets Stabilise

By Mark Johnston | 22/12/2022

South Korea’s corporate bond market is showing signs of recovery, prompting banks to resume bond issuance to replace maturing debt.

Market Infrastructure

ASIC Finalises Changes to OTC Derivatives Reporting Rules

By Manesh Samtani | 22/12/2022

ASIC has consolidated a proposed two-stage process for updating the rules into a single update commencing 21 October 2024.

Enforcement

SFC Fines Guosen for Regulatory Breaches Caused by Bugs

By Editors | 21/12/2022

Guosen Securities used expired standing authority of clients because its new operating system failed to send renewal notices to clients.

ESG / Sustainability

Japan FSA Issues Draft Supervisory Guidelines for ESG Funds

By Editors | 21/12/2022

The FSA issued draft guidelines outlining the checks that will be performed by supervisors to ensure ESG investment trusts are true-to-label.

Securities / Derivatives

HKEX Opens New York Office to Support International Clients

By Editors | 21/12/2022

HKEX says the New York office will make it easier to connect with investors, market participants and their intermediaries during their own working day.

Securities / Derivatives

SEBI Extends Trading Suspension in Seven Agri-Derivatives

By Editors | 21/12/2022

The December 2021 suspension was due to expire on 20 December 2022. The extension is for one more year.

Enforcement

Singapore Jails Man for Spoofing, False Telegram Statements

By Editors | 20/12/2022

Kenneth Goh pleaded guilty to creating a false appearance in the market 325 times, deceiving two brokers, and making false statements in Telegram chat groups.