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Securities / Derivatives
CSRC Explains Rule Requiring Fund Firms to Set Up CCP Units
By Manesh Samtani | 23/06/2022
The requirement for public fund companies to establish an internal CCP unit is “not linked to data security”, a CSRC official said.
Securities / Derivatives
China AMAC Issues Reputational Risk Management Guidelines
By Editors | 23/06/2022
In new guidelines, AMAC has specified obligations for fund houses to consider how changes in senior management and core staff could impact reputational risk.
Securities / Derivatives
SFC Cites Conduct, Technology and Climate as Key Priorities
By Editors | 23/06/2022
The SFC’s latest annual report highlights work to enhance book building and placing practices, regulate fund trustees and custodians, and enhance climate disclosure for fund investors.
Securities / Derivatives
SSE, SZSE Issue Rules to Curb Convertible Bond Volatility
By Darien Choong | 22/06/2022
Daily price limits will be implemented for listed convertible corporate bonds. Excessive volatility will result in risk warnings.
Market Infrastructure
Hong Kong Travel Restrictions Hindering Wealth Connect – Reports
By Sanday Chongo Kabange | 22/06/2022
Wealth Management Connect had attracted only 0.3 percent of the total quota since its inception in October. HKIFA calls for an end to quarantine rules.
ESG / Sustainability
ACRA, SGX to Develop Sustainability Reporting Roadmap
By Editors | 22/06/2022
New advisory committee to develop roadmap for wider implementation of sustainability reporting in Singapore, beyond SGX-listed companies.
Market Infrastructure
FIX Attains ISO Standardisation for Two Standards
By Editors | 22/06/2022
Participants will benefit from higher quality standards documents, which will lead to improved interoperability between implementations.
Enforcement
Australian Court Sentences CFD Trader for Insider Trading
By Editors | 21/06/2022
The CFD trader made AUD 343,000 in profit by trading on inside information regarding a takeover bid for PanAust Limited.
Market Infrastructure
HKEX to Enhance Clearing Flexibility for Stock Trades – Report
By Editors | 21/06/2022
HKEX plans to allow market participants to appoint multiple clearing banks for stock trades, a move already made for futures traders.
Securities / Derivatives
Russian Exchange Starts Offering Trading in 12 Hong Kong Stocks
By Editors | 21/06/2022
HKEX is not involved in the initiative. The move is part of the Saint Petersburg Stock Exchange’s global issuer programme.
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