Securities / Derivatives

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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.

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    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).

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    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.

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    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.

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    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.

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    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.

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    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.

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    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”.

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    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.

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    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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