Securities / Derivatives

    Capital / Liquidity

    JSCC to Change Margin Calculation Method for Listed Derivatives

    By Editors | 06/07/2022

    The JSCC will release VaR margin calculation software for beta testing later this year. Go-live is planned for the October-December quarter of 2023.

    Securities / Derivatives

    SEBI Directs Brokers to Report Cyber Threats Within Six Hours

    By Editors | 06/07/2022

    Quarterly reports must be issued containing information on cyber incidents, risk mitigation measures, bugs and vulnerabilities, and threat details.

    Market Infrastructure

    Vietnam Securities Market to Move to T+2 Settlement Cycle

    By Editors | 06/07/2022

    Under draft regulations, clearing banks will have to complete payment and securities settlement between 11.30am and 12.30pm on T+2.

    Market Infrastructure

    China Eases Foreign Investor Access to Interbank Bond Market

    By Darien Choong | 06/07/2022

    The measures include lower Bond Connect fees, a cross-border bond subscription service, and easier access to the FX market for hedging.

    Enforcement

    Former Archegos Employee Sues Firm Over Deferred Bonuses

    By Manesh Samtani | 06/07/2022

    Archegos employees were “coerced” to invest their bonus money into the firm through a deferred compensation plan, which evaporated when the company collapsed last March.

    Fintech / Regtech

    JPX Launches ‘J-Quants’ Data Service for Retail Investors

    By Editors | 06/07/2022

    The service aims to address the difficulties retail investors face in accessing and using raw financial data for investment analysis and decision-making.

    Enforcement

    Hong Kong Police Arrest Eight in Joint Operation With SFC

    By Editors | 06/07/2022

    The joint operation involved a loan granted by a listed company to a related party and payments purportedly made to suppliers that instead went to related parties.

    ESG / Sustainability

    HKEX Announces New Collaboration to Develop Carbon Market

    By Manesh Samtani | 06/07/2022

    HSBC, Standard Chartered, BNP Paribas, ANZ, ICBC, Bank of China and others will sit on a new council to help develop a Hong Kong-based international carbon market.

    Enforcement

    Korea FSS Expands Banking Industry Probe into FX Trading

    By Editors | 06/07/2022

    The probe was prompted by abnormal trading activity at Woori and Shinhan Bank. Other banks have been asked to conduct internal inspections.

    Securities / Derivatives

    UK to Codify Tax Exemptions for Sovereign Investors into Law

    By Editors | 05/07/2022

    The proposals seek to ensure the tax exemptions provided to sovereign investors are more targeted towards investment rather than trading income.

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