Securities / Derivatives

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.

Market Infrastructure

CSRC Sets 26 December Launch Date for DvP Reforms

By Editors | 20/12/2022

From 26 December, DvP settlement will be enabled for proprietary and custody business involving institutional investors.

Crypto / Digital Assets

CGS-CIMB Becomes First Brokerage to Establish Link to ADDX

By Editors | 20/12/2022

CGS-CIMB is providing accredited investor clients access to tokenised and fractionalised private market securities via ADDX.

Market Infrastructure

Shenzhen Exchange to Pilot Cross-Border Bonds to Serve GBA

By Editors | 20/12/2022

Issuers can be Chinese government entities or high-quality corporates. The SZSE is temporarily not charging any fees for cross-border bond listing services.

ESG / Sustainability

Korea Establishes New Sustainability Standards Board Under KASB

By Manesh Samtani | 20/12/2022

The Korea Sustainability Standards Board will participate in international discussions and develop a new ESG disclosure system to be used domestically.