Securities / Derivatives

    Market Infrastructure

    FSC Korea to Allow Brokers to Launch ATS Platforms for Securities

    By Editors | 18/11/2022

    The introduction of alternative trading systems will increase competition, boost trading activity, reduce costs for investors, and improve market efficiency.

    Enforcement

    Singapore Charges Former Hyflux Execs for Disclosure Failures

    By Editors | 18/11/2022

    A joint investigation by the CAD, MAS and ACRA found lapses in Hyflux’s disclosures and non-compliance with accounting standards.

    Enforcement

    FSS Instructs BNK Kyongnam Bank to Compensate Lime Investors

    By Editors | 17/11/2022

    The FSS determined that BNK Kyongnam Bank should provide 65 to 75 percent compensation to two investors affected by the collapse of Lime Asset Management.

    Big Picture

    “No Simple Fix” for Corporate Bond Liquidity Issues: IOSCO

    By Editors | 17/11/2022

    IOSCO published feedback received from a review of ways to improve the functioning of and liquidity in corporate bond markets under stress.

    ESG / Sustainability

    Bursa Malaysia, Companies Commission Offer Boost to SMEs

    By Editors | 17/11/2022

    The collaboration includes exploring opportunities to support digital economy growth, facilitating data sharing between businesses, and advancing the ESG agenda.

    Fintech / Regtech

    ISLA Launches Working Group to Digitise the GMSLA

    By Editors | 17/11/2022

    The working group will initially focus on encoding the business outcomes from the ISLA Clause Library & Taxonomy into the Common Domain Model.

    Fintech / Regtech

    SEBI Issues New Rules for Operators of Online Bond Platforms

    By Editors | 17/11/2022

    Online bond platform providers must have a stockbroker registration certificate from SEBI and be registered with the stock exchange.

    ESG / Sustainability

    Alternative Credit Managers Launch ESG Disclosure Tool

    By Editors | 17/11/2022

    The ESG Integrated Disclosure Project template provides private companies and credit investors a standard format for ESG-related disclosures.

    Market Infrastructure

    ASX Pauses CHESS Replacement Project to Reassess Design

    By Manesh Samtani | 17/11/2022

    ASX will write off about A$250mn in capitalised software, in response to an independent review by Accenture. ASIC and the RBA express disappointment.

    Market Infrastructure

    PCAOB Had “Good Access” During Hong Kong Audit Inspection – Report

    By Editors | 16/11/2022

    The PCAOB reportedly gained all the information it requested during its inspection, but a decision has not yet been made regarding its dispute with Chinese regulators.

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