Securities / Derivatives

ESG / Sustainability

JPX Concludes Carbon Credit Market Demonstration Project

By Editors | 01/02/2023

The project was commissioned by METI in September last year to demonstrate the technical feasibility of a carbon credits market.

Market Infrastructure

Tokyo Financial Exchange to Launch TONA Derivatives on 20 March

By Editors | 31/01/2023

TFX will launch 3-month TONA futures and related options contracts. The 6-month Euroyen LIBOR futures and O/N Call Rate futures contracts will be delisted.

Capital / Liquidity

FSC Korea Unveils 12 Policy Initiatives in 2023 Work Plan

By Manesh Samtani | 31/01/2023

The initiatives seek to mitigate risks related to financial stability, insolvencies, scams, and virtual assets, while also promoting innovation and fintech.

Enforcement

UPDATED – Citadel Securities Fined in Korea for ‘Disrupting Market Order’

By Editors | 31/01/2023

The case was the first in which the FSC imposed a penalty for market order disruptions as a result of high-frequency algorithmic trading.

Crypto / Digital Assets

JPX Starts Using Blockchain Tech to Settle Rubber Futures Deliveries

By Editors | 31/01/2023

The new system digitises delivery orders required for the physical delivery of rubber when futures contracts expire, thereby enhancing settlement efficiency.

Enforcement

SFC Fines Private Fund Adviser for Failing to Protect Investors’ Interest

By Editors | 31/01/2023

Cardinalasia Consulting and its responsible officer failed to ensure that the manager of the five private funds received appropriate advice.

Securities / Derivatives

Philippine SEC Issues Consumer Protection Rules for Consultation

By Editors | 31/01/2023

The rules will implement the requirements of the Financial Products and Services Consumer Protection Act, which passed in May last year.

ESG / Sustainability

IFSCA Issues Disclosure Framework for GIFT City ESG Funds

By Editors | 30/01/2023

The framework is designed to promote the consistency, comparability, and reliability of disclosures from ESG funds operating in India’s maiden international financial services centre.

Enforcement

FCA Charges Former Janus Henderson Analyst for Insider Trading

By Editors | 30/01/2023

Redinel Korfuzi used confidential inside information obtained in his role as a Janus Henderson analyst to enable “timely and profitable trading” in 49 companies.