SECURITIES / DERIVATIVES

Enforcement

SFC Fines RBC Investment Services for Mishandling Client Assets

By Editors | 21/07/2022

The SFC said RBC Investment Services failed to segregate client money and transferred securities from client accounts without valid standing authority.

Capital / Liquidity

APRA Finalises New Standards on Super Fund Investment Governance

By Editors | 21/07/2022

The new standard will commence on 1 January 2023. APRA will consult on additional guidance later this year, also covering ESG risks.

Enforcement

ASIC Imposes Eight Year Bans Over Pressure Selling of CFDs

By Editors | 21/07/2022

Two executives have been banned for eight years after their firm engaged in “unconscionable conduct” including the use of pressure selling tactics.

Securities / Derivatives

Taiwan FSC Relaxes Rules for Investors on Collateral Use

By Editors | 20/07/2022

Investors can use assets such as gold and mutual fund units as collateral to meet margin calls rather than be forced out of positions.

ESG / Sustainability

JPX Launches New ESG Bond Information Platform

By Editors | 20/07/2022

The new platform brings together information about securities and issuers, including their strategies, use of proceeds, ESG impacts, and external reviews.

Securities / Derivatives

CSRC Green Lights Launch of New Derivatives on CFFEX

By Editors | 19/07/2022

Futures and options contracts based on China’s small-cap CSI 1000 Index will commence trading on Friday, 22 July.

Securities / Derivatives

LME Delays New Reporting Requirements to 5 September

By Editors | 19/07/2022

Market participants expressed concerns regarding their ability to ensure data is properly and accurately reported by the implementation date, earlier set for 18 July.

Market Infrastructure

HKEX, SFC Extend HKIDR Testing Period Until 5 August

By Editors | 18/07/2022

Firms that have not completed the mandatory E2E Test yet are reminded to complete the test “as soon as possible”.

Securities / Derivatives

Malaysia and Shanghai to Collaborate on Derivatives Products

By Editors | 17/07/2022

Bursa Malaysia Derivatives will work with SHFE and INE on the development of new derivatives products to meet the needs of increasingly sophisticated customers.