Securities / Derivatives

Market Infrastructure

LSEG, SZSE Agree to Collaborate on Capital Markets Development

By Editors | 01/03/2023

LSEG and SZSE will collaborate on product innovation, depository receipts, and index development, among other areas.

AML / KYC

SEBI Revisits Plans to Create Database of FPI Beneficial Owners

By Editors | 01/03/2023

SEBI is considering requiring depositories, depository participants, and custodians to feed beneficial ownership information into a central database.

Securities / Derivatives

HKEX to Commence FINI External User Testing from 1 March

By Editors | 28/02/2023

External user testing will occur between 1 March and 19 May. The new web-based platform will officially roll out later this year.

Securities / Derivatives

China: New Rules for Private Fund Industry to Take Effect in May

By Editors | 28/02/2023

Private equity and hedge fund managers will need at least CNY 10 million in paid-in capital to operate, about five times more than the existing requirements.

Securities / Derivatives

Taiwan FSC Announcing Easing of Short Selling Restrictions

By Editors | 28/02/2023

The FSC has eased the limit on the volume of intraday securities lending orders and lowered short-sale margin requirements.

Fintech / Regtech

BondEvalue Approved to Operate Fractional Bond Exchange in GIFT City

By Editors | 28/02/2023

GIFT City members and their clients will be able to access institutional-grade USD bonds via BondbloX Exchange.

Enforcement

US SEC Penalises SPAC for Allowing Embezzlement by CFO

By Editors | 27/02/2023

A lack of internal controls and oversight allowed the SPAC’s CFO to misappropriate cash and falsify financial reports for over a year.

Securities / Derivatives

HKEX to Adjust Rules to Support CSRC’s New Overseas Listing Regime

By Editors | 27/02/2023

Listing applicants from the Mainland will have to submit to HKEX a notification issued by the CSRC confirming their completion of Mainland’s filing procedures.

Market Infrastructure

Stock Connect Trading Calendars Adjustments to Take Effect in April

By Editors | 27/02/2023

The trading calendar enhancements will add more than ten trading days to northbound and southbound Connect each year.