Securities / Derivatives

Enforcement

SFC Bans Another Ex-Convoy Licensee Over Manipulation Scheme

By Editors | 26/04/2023

Peter Law convinced clients to buy and hold a stock that was being manipulated by collaborators in exchange for a commission.

Enforcement

CFTC Fines Mizuho Capital Markets for Swaps Conduct Failures

By Editors | 26/04/2023

Mizuho Capital Markets engaged in anticipatory hedges of deal-contingent FX forwards without appropriate disclosure to customers.

Securities / Derivatives

Singapore Retail Investors Underrepresented in Bond Restructuring

By Manesh Samtani | 26/04/2023

The Law Reform Committee of the Singapore Academy of Law proposes reforms to improve Singapore’s framework for bond restructuring.

Securities / Derivatives

APRA Warns of Super Fund Underperformance in Choice Segment

By Editors | 26/04/2023

APRA’s supervision of poorly performing Choice products will intensify, and that trustees can expect “even greater scrutiny” of their product offering.

Market Infrastructure

ARRC Allows Expanded Use of Term SOFR for Hedging

By Editors | 25/04/2023

Market participants can use Term SOFR in basis swap transactions even if they are not a direct party to a Term SOFR cash exposure.

Market Infrastructure

Macau Exchange Signs Cooperative Agreement with LuxSE

By Editors | 25/04/2023

Under the agreement, MOX-listed securities can be admitted for listing and trading on LuxSE’s exchange-regulated market, the Euro MTF.

ESG / Sustainability

Sri Lanka Introduces First Framework for Listed Green Bonds

By Duruthu E Chandrasekera | 25/04/2023

Based on the demand for green bonds, the CSE plans to also introduce blue bonds and social and sustainability bonds in the future.

Market Infrastructure

Stock Connect Trading Calendar Enhancements Take Effect

By Editors | 25/04/2023

The enhancements will add about 10 trading days to northbound and southbound Stock Connect each year.

Securities / Derivatives

Taiwan to Strengthen Supervision on the Use of Robo-Advisers

By Editors | 24/04/2023

The maximum fine for malpractice at securities companies will be raised from TWD 3.6 million currently to TWD 15 million.