Securities / Derivatives

Market Infrastructure

US SEC Proposes New Requirements to Address Cyber Risks

By Editors | 16/03/2023

The proposals will enhance cyber and technology risk management requirements for key entities that underpin the US securities market.

Enforcement

SFC, ICAC Arrest Five More Ramp-and-Dump Syndicate Members

By Editors | 16/03/2023

The arrestees include qualified accountants and senior executives of a number of Hong Kong-listed companies, the SFC and ICAC said.

Enforcement

ASIC Issues Interim Stop Orders on Three BT Funds

By Editors | 16/03/2023

ASIC said the TMDs for three funds were “broadly drafted and failed to define key concepts” and did not meet the “appropriateness requirements” under the DDO regime.

ESG / Sustainability

Thailand to Allow SMEs Issue Sustainability-Themed Bonds

By Editors | 16/03/2023

Regulatory amendments will enable small “businesses of all types and sizes” to offer sustainability-themed bonds.

Fintech / Regtech

More TSE Companies Disclosing Earnings Reports in HTML Format

By Editors | 16/03/2023

Over 2,400 companies listed on the Tokyo bourse have voluntarily disclosed their earnings reports in HTML format.

Enforcement

US Charges Exiled Chinese Businessman with $1b Fraud Scheme

By Editors | 16/03/2023

Guo Wengui and his financial adviser allegedly cheated thousands of investors since 2018 by promising outsized returns on various offerings.

Securities / Derivatives

HKEX Confirms Plans to Launch RMB Counter of its Stock

By Editors | 16/03/2023

HKEX said the launch of RMB counter will allow investors to seamlessly interchange between securities listed in both HKD and RMB.

Securities / Derivatives

MAS Publishes Findings from Inspections of VC Fund Managers

By Manesh Samtani | 16/03/2023

Some VCFMs did not make requisite disclosures to investors, have formalised policies and procedures in certain areas, and maintain a positive level of base capital.

ESG / Sustainability

New Zealand Considers Climate Reporting Exemptions for Secondary Listed Issuers

By Sanday Chongo Kabange | 15/03/2023

The exemptions seek to reduce compliance costs for foreign exempt issuers that already produce similar reporting in their home jurisdiction.