Securities / Derivatives

Securities / Derivatives

FSC Korea Outlines Plans to Require English Disclosures

By Editors | 05/12/2022

Listed companies with KRW 10 trillion in assets will have to issue English disclosures from 2024. Those with KRW 2 trillion in assets will follow suit from 2026.

Securities / Derivatives

Malaysia Extends Night Trading Session by Three Hours

By Editors | 05/12/2022

The After-Hours Trading session will end at 2.30am instead of 11.30pm for selected derivatives contracts, Bursa Malaysia Derivatives said.

ESG / Sustainability

Florida to Divest $2bn from BlackRock Over ESG Objections

By Editors | 05/12/2022

Florida CFO Jimmy Patronis describes BlackRock’s ESG strategy as a “social-engineering project” that has “nothing to do with maximizing returns”.

Securities / Derivatives

China Targets Investment Banking Controls at Securities Firms

By Editors | 04/12/2022

CSRC penalises multiple securities firms. New evaluation system will lead to more intense supervision of firms with lower-quality investment banking practices.

Securities / Derivatives

JPX Acquisition to Improve English Disclosures by Listed Companies

By Editors | 04/12/2022

JPXI will acquire SCRIPTS Asia, which creates English transcripts of investor events held by listed companies and distributes them to domestic and overseas investors.

Capital / Liquidity

HKFE Invites Firms to Support Development of FX Derivatives Market

By Editors | 04/12/2022

HKFE is seeking liquidity providers and market participants to support the development of liquidity in RMB and INR derivatives contracts.

Enforcement

US Financial Firms to Spend $18bn on Surveillance Tech This Year

By Editors | 03/12/2022

The increased spending comes after multiple financial firms were fined for failing to monitor and keep records on employees’ communications via messaging apps.

Big Picture

IOSCO Offers Guidance to Regulators on Investor Education, Protection

By Editors | 03/12/2022

IOSCO report proposes seven sound practices for regulators to consider when designing financial and investor education initiatives, particularly during periods of crisis.

Market Infrastructure

China to Pilot Commercial Pensions to Supplement New Private Pension Scheme

By Editors | 03/12/2022

China launched its private pension scheme in 36 cities on 25 November. Commercial pension trials will start in 10 cities on 1 January.