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Securities / Derivatives
ASX Considers Closing Settlement Service for Unlisted Funds
By Editors | 17/04/2023
The mFund Settlement Service caters to unlisted managed funds. ASX is considering closing the service.

Securities / Derivatives
CFFEX Set to Launch 30 Year Treasury Bond Futures
By Editors | 16/04/2023
CFFEX already offers futures trading in 2-year, 5-year, and 10-year treasury bond futures. The 30-year contract will start trading on Friday (21 April).

Securities / Derivatives
CSRC Consults on Rules to Enhance Independent Director System
By Editors | 16/04/2023
A qualification system, code of professional ethics, and information database for independent directors of listed companies will be established.

Enforcement
SocGen Agrees to $105m Euribor Rigging Settlement
By Editors | 16/04/2023
If approved by the court, the settlement would mean investors have won USD 651.5 million in Euribor-rigging settlements with seven banks.

ESG / Sustainability
HKEX: Climate-related Disclosures to Become Mandatory in 2024
By Manesh Samtani | 16/04/2023
New rules aligned with the TCFD recommendations and the ISSB Climate Standard will become effective in January 2024.

Enforcement
Japan FTC Cautions Mizuho Securities Over IPO Price-setting
By Editors | 16/04/2023
Mizuho Securities, as lead underwriter, set the issue prices of two companies lower than the companies were seeking. Both more than doubled in value on their IPO.

Securities / Derivatives
Korea to Develop Fund Manager Guidance on Exercise of Voting Rights
By Editors | 15/04/2023
There is currently insufficient guidance on the exercise of voting rights, particularly for issues involving corporate governance and ESG matters, the FSS said.

Fintech / Regtech
Tiger Brokers Tests ‘TigerGPT’ Chatbot as Investment Assistant
By Editors | 14/04/2023
The OpenAI-powered chatbot is said to be the “first deployment of an AI investment assistant in the brokerage industry”.

Crypto / Digital Assets
LCH to Start Clearing BTC Futures and Options in Q4
By Editors | 14/04/2023
LCH will clear Bitcoin index futures and options contracts traded on GFO-X, an FCA-regulated digital asset derivatives trading venue.

ESG / Sustainability
Hong Kong Overtakes France in Morningstar’s ‘Sustainability Atlas’
By ESG Investor | 13/04/2023
Hong Kong overtook France for 3rd place and Taiwan jumped from 11th place to 5th place in Morningstar’s 2023 Sustainability Atlas.
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