Securities / Derivatives

ESG / Sustainability

ELFA, ICMA Offer Practical Guidance on High Yield SLBs

By Mark Johnston | 24/05/2023

The ELFA and ICMA partnered to create guidance for the high yield bond market in line with ICMA’s Sustainability-Linked Bond Principles.

Securities / Derivatives

SEBI Proposes Measures to Reduce Equity Derivatives Volatility

By Ranamita Chakraborty | 23/05/2023

SEBI is seeking comments on proposed measures to strengthen the existing price band formulation for derivative-linked shares.

Enforcement

ASIC Bans Former Gleneagle Fund Manager for Naked Short Selling

By Ranamita Chakraborty | 23/05/2023

The former fund manager of Gleneagle Securities engaged in the naked short selling of shares on 150 occasions, ASIC said.

Market Infrastructure

Singapore, Shanghai Exchanges Sign MoU to Link ETF Markets

By Editors | 23/05/2023

A similar MoU was signed between SGX and SZSE in December 2021 which has led to three cross-market ETF listings.

Fintech / Regtech

ASX Will No Longer Use Blockchain for CHESS Replacement System

By Mark Johnston | 22/05/2023

ASX said the rebuild will need to use “a more conventional technology” and no longer involve blockchain or DLT.

ESG / Sustainability

Indonesia Becomes First Asian Sovereign to Sell Blue Bond

By Editors | 22/05/2023

Indonesia sold a JPY 104.8 billion blue bond with four-tranches, less than two years after establishing a framework to do so.

ESG / Sustainability

ACSI Updates Voting Policy to Promote Gender Balance on Boards

By Editors | 22/05/2023

The policy means ASX300 companies could face recommendations ‘against’ male director re-elections if women do not occupy a minimum of 30% of board seats.

Securities / Derivatives

SEBI Introduces New Risk Disclosure Rules for Equity Derivatives

By Editors | 22/05/2023

The new rules are a response to findings that that 9 out of 10 individual traders in the equity F&O segment experience net losses.

Securities / Derivatives

SFC Consults on Revisions to Takeovers and Share Buy-back Rules

By Editors | 21/05/2023

This includes a proposal to add a new rule to give an offeror and an offeree company the option to despatch Codes documents by electronic means.