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ESG / Sustainability
Philippine SEC Adopts ASEAN SRF Standards
By Sanday Chongo Kabange | 14/05/2023
Rules are established to enable local and ASEAN-member investment companies and CIS operators to offer sustainable and responsible funds locally and across the region.
Securities / Derivatives
Korea Offers Tax Benefits to Investors in High Yield Bond Funds
By Editors | 14/05/2023
The incentive is expected to help boost the demand for mid- and low-credit grade corporate bonds in the market.
ESG / Sustainability
Stewardship Dialogue Must be Ongoing – FCA
By ESG Investor | 13/05/2023
UK regulator seeks evidence of barriers to collaborative engagement, expects consultation responses to feed into review of ‘macro’ stewardship.
Securities / Derivatives
SSE, SZSE Issue Updated Guidelines for Infrastructure REITs
By Mark Johnston | 13/05/2023
The revised guidelines aim to optimise the review process, enhance information disclosures, and promote the infrastructure REITs market.
Securities / Derivatives
FSS Governor Promotes Korea Finance in Southeast Asia Tour
By Mark Johnston | 13/05/2023
FSS chief Lee Bok-hyun met with central bank governors and global investors to showcase the potential of Korea’s financial market.
Enforcement
SEBI Penalises Four Former Officials of Karvy Stock Broking
By Mark Johnston | 12/05/2023
SEBI fined the four individuals a combined INR 19 million over Karvy Stock Broking’s misappropriation of client assets in 2019.
Market Infrastructure
PCAOB Publishes Findings from Audit Inspections of Chinese Firms
By Editors | 12/05/2023
The PCAOB said it found an “unacceptable rate” of deficiencies in the KPMG and PwC audits of US listed Chinese companies it reviewed last year.
Securities / Derivatives
SEBI Allows FPIs Direct Access to Commodity Derivatives Market
By Editors | 12/05/2023
Direct access will enable FPIs to have direct control over orders and implement better hedging and arbitrage strategies, SEBI said.
Market Infrastructure
HKEX May Allow Market to Remain Open During Typhoons
By Editors | 12/05/2023
A working group from HKEX and the HKMA is reportedly drafting a plan to allow trading to continue as normal during typhoons and rainstorms.
Enforcement
HSBC, Scotia Fined for Use of Unapproved Messaging Tools
By Editors | 12/05/2023
Employees, including those at senior levels and in compliance roles, used unapproved messaging tools to engage in business-related communications.
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