SECURITIES / DERIVATIVES

Fintech / Regtech

ISLA, ICMA Advance Work to Digitise Industry Documentation

By Editors | 27/05/2022

ISLA and Linklaters are working to automate securities lending contract negotation. ICMA is looking to digitise repo documentation.

Securities / Derivatives

WFE Sheds Light on Effectiveness of Circuit Breakers

By Editors | 26/05/2022

The study shows that the circuit breakers triggered during the March 2020 volatility contributed to alleviating financial market pressures.

Securities / Derivatives

SGX RegCo Extends Suspension of Issuer Watch-List Reviews

By Editors | 26/05/2022

The extension will enable issuers time to operate under normal business conditions and recover from Covid-19 related challenges.

AML / KYC

Glencore to Pay $1.5b to Settle Bribery & Manipulation Probes

By Manesh Samtani | 26/05/2022

The civil and criminal penalties and forfeitures will resolve a decade-long scheme to bribe foreign officials in seven countries and an oil price manipulation conspiracy.

Securities / Derivatives

‘Significant Issues’ Remain on US-China Audit Deal

By Editors | 26/05/2022

The SEC’s YJ Fischer confirmed that progress has been made in talks with Chinese regulators, but warned that time was “quickly running out”.

Securities / Derivatives

China Allows Expanded Use of Currency Hedging Tools

By Editors | 26/05/2022

Financial institutions are allowed to offer American-style and Asian-style FX options, in addition to European-style FX options already allowed.

ESG / Sustainability

ESG Explainer: SEC Lays Its Cards on the Table

By ESG Investor | 25/05/2022

Despite high levels of investor support, proposed rules on climate-related disclosures have prompted questions of regulatory over-reach.

Fintech / Regtech

SET, UOB Join SGX, Temasek as Investors in ADDX

By Editors | 25/05/2022

SET’s move to invest in ADDX reflects a trend towards a “new capital market landscape that emphasises continuity between the public and private markets”.

ESG / Sustainability

US SEC Fines BNY Mellon Unit for ESG Misstatements

By Editors | 25/05/2022

BNY Mellon Investment Adviser stated in documents that all investments in its funds had undergone an ESG quality review, but that this was not always the case.