SECURITIES / DERIVATIVES

Securities / Derivatives

SFC Suspends Rifa Futures Exec Over ‘Xinguanjia’ Trading Software

By Editors | 06/09/2022

In July, Rifa Futures became the fourth firm to be fined over the use of Xinguanjia. The firm’s managing director has now been suspended for 8 months.

Securities / Derivatives

ASIC Extends Ban on Binary Options Until 2031

By Editors | 06/09/2022

Since it came into effect, the ban has been “fully effective” in preventing retail clients from losing money trading binary options in Australia, ASIC said.

Securities / Derivatives

Japan FSA Consults on Documentary Requirements for Foreign Entry

By Editors | 06/09/2022

The amendment will allow applicants who meet certain conditions to submit written applications for registration and other subsequent documents in English.

Market Infrastructure

CSRC to Accelerate Work on Overseas Listing Framework

By Darien Choong | 05/09/2022

The CSRC will push forward legislation to enact new overseas listing rules, and support the establishment of a new registration system for Chinese firms seeking foreign IPOs.

AML / KYC

Gold Producer Becomes Second Russian Firm to Issue CNY Bonds

By Editors | 05/09/2022

Russia is now in third place on a list of non-mainland jurisdictions using the yuan for global payments, after Hong Kong and the UK.

ESG / Sustainability

Taiwan FSC Announces Measures to Enhance Capital Markets

By Darien Choong | 05/09/2022

The measures include an ESG information platform for listed companies and enhancements to TAIFEX’s new OTC derivatives clearing service.

Market Infrastructure

CSRC Unveils Plans to Further Expand Stock Connect

By Manesh Samtani | 05/09/2022

More companies will be added to Stock Connect and Hong Kong will introduce treasury bond futures and a special counter for yuan stocks.

Securities / Derivatives

Russia Bond CDS Auction to Be Held on 12 September

By Editors | 04/09/2022

The amounts holders of CDS on Russian debt are likely to receive has reportedly dropped by about a third since early June.

Enforcement

Thai SEC Files Suit Against Company Chairman Fake Vaccine Deal

By Editors | 03/09/2022

The chairman disseminated false statements to various media outlets last year saying his company had signed a contract to import Phizer’s Covid-19 vaccines.