Securities / Derivatives

Enforcement

ASIC Places Interim Stop Orders on Two Property Funds

By Editors | 15/09/2022

The orders prevent the funds from being offered or distributed to consumers until deficiencies in their TMD statements are addressed to ASIC’s satisfaction.

Securities / Derivatives

US SEC Proposes Measures to Boost Treasury Market Resiliency

By Editors | 15/09/2022

Clearinghouse members will be required to push their clients’ secondary market trades and margins collected through the clearinghouse.

Securities / Derivatives

Korea to Require Advance Disclosure of Insider Stock Trades

By Sanday Chongo Kabange | 15/09/2022

Board members and principal shareholders will be required to disclose information about planned stock trades least 30 days before the expected trading date.

Crypto / Digital Assets

US Heavyweights Announce Plans to Launch Crypto Exchange

By Editors | 15/09/2022

EDX Markets is backed by Citadel Securities, Fidelity Investments, Charles Schwab, Virtu Financial, Sequoia Capital and Paradigm.

Securities / Derivatives

HKEX Considers Relaxing Listing Requirements for Tech Firms

By Editors | 14/09/2022

Under the proposals, the revenue requirement for commercialised tech firms would be lowered from HK$500 million to between HK$200-300 million.

Crypto / Digital Assets

Asset Tokenisation Increasingly Relevant in ‘Crypto Winter’ – Report

By Manesh Samtani | 14/09/2022

A new report from BCG and ADDX projects a 50-fold increase in tokenised assets by 2030, bringing the market’s value to over $16 trillion.

AML / KYC

MAS Identifies AML/CFT Control Lapses at VCCs

By Manesh Samtani | 14/09/2022

MAS found issues with EFI appointment, oversight and escalation. Customer risk assessments and ongoing monitoring need improvement.

Market Infrastructure

Japan FSA Proposes New Derivatives Reporting Guidance

By Editors | 14/09/2022

The draft guidelines explain the data fields that need to be included in reporting, along with technical specifications and best practices for reporting.

Securities / Derivatives

“No Consensus” on ESG Reporting Standards at Exchanges

By ESG Investor | 14/09/2022

The WFE said exchanges report increased demand from investors for ESG disclosures, but limited progress in providing common guidance on reporting standards.