Securities / Derivatives

Market Infrastructure

14 European Exchanges Join Forces to Develop Consolidated Tape

By Editors | 22/02/2023

The participating exchange groups include Deutsche Boerse Group, Euronext, Nasdaq, and SIX Group, as well as the local exchanges in  several European cities.

ESG / Sustainability

China to Create Framework for Mandatory ESG Disclosures

By Editors | 22/02/2023

Regulators may initially introduce the new ESG disclosure requirements on a “comply or explain” basis before transitioning to a fully mandatory framework.

ESG / Sustainability

Malaysia SC Revises Guidelines for SRI Funds

By Sanday Chongo Kabange | 22/02/2023

The revised guidelines incorporate requirements for SRI funds seeking to qualify as an ASEAN Sustainable and Responsible Fund, among other changes.

Securities / Derivatives

Beijing Stock Exchange Launches Market Making Business

By Editors | 21/02/2023

13 firms will participate in market making activities for 36 stocks. Two other authorised market makers are still engaged in preparatory work.

Crypto / Digital Assets

FSB Highlights NBFI, Crypto and DeFi as Key Priorities for 2023

By Editors | 21/02/2023

In a letter to G20 ministers, FSB chair Klaas Knot discusses commodity market vulnerabilities and work to address DeFi/crypto risks and enhance cross-border payments.

Market Infrastructure

French, German Banks Get More Time to Solve India CCP Issue

By Mark Johnston | 21/02/2023

French and German regulators will give banks 18 extra months to find new ways to settle India trades, following ESMA decision to de-recognise Indian CCPs.

Capital / Liquidity

China Tightens Rules for ‘Major’ Money Market Funds

By Editors | 21/02/2023

Money market funds with over CNY 200 billion in net assets or over 50 million investors will have to meet additional regulatory requirements and enhance their ability to resist risks.

Market Infrastructure

PBOC Issues Draft Rules for Northbound Swap Connect Trading

By Editors | 20/02/2023

To participate in Swap Connect and trade interest rate derivatives with Mainland investors, foreign investors will need approval to access the interbank bond market.

Securities / Derivatives

CSRC Issues New Rules for Overseas IPOs by Mainland Firms

By Editors | 20/02/2023

The rules allow companies to choose an overseas listing destination for their IPOs, but require them to first register the intention with the CSRC, which will vet the applications.