SECURITIES / DERIVATIVES

Securities / Derivatives

India Suspends Plan to Allow Direct Overseas Listings

By Editors | 25/03/2022

Domestic companies can only list overseas after first listing in India. Rule changes that would have allowed direct overseas listings have reportedly been suspended.

AML / KYC

SFC Sets Out Expectations on Managing BEC Risk

By Manesh Samtani | 24/03/2022

Most successful business email compromise frauds occurred because LCs did not check or verify the identities of email senders or they ignored red flags.

ESG / Sustainability

HKEX, CEEX to Cooperate on GBA Carbon Market Initiatives

By Editors | 24/03/2022

HKEX and Guangzhou-based China Emissions Exchange will jointly explore the development of a voluntary carbon emission reduction programme in the GBA.

Securities / Derivatives

BSEC Calls on Banks to Increase Stock Market Investments

By Editors | 24/03/2022

The BSEC has also given banks a 31 March deadline to deposit unclaimed dividends in the Capital Market Stabilisation Fund, against directions from Bangladesh Bank.

Enforcement

Tokyo Prosecutors Indict SMBC Nikko Securities, Five Others

By Editors | 24/03/2022

Prosecutors have filed charges against SMBC Nikko Securities and five others. The head of the firm’s equity division was also arrested.

ESG / Sustainability

Bursa Malaysia to Enhance Sustainability Reporting Framework

By Manesh Samtani | 24/03/2022

Listed issuers will be required to disclose prescribed “common sustainability matters” and indicators and provide TCFD-aligned climate change related disclosures.

Enforcement

ASIC Probes Fund Managers for Misleading Marketing

By Sanday Chongo Kabange | 24/03/2022

ASIC is assessing whether fund managers made false or misleading statements or engaged in misleading or deceptive conduct when marketing their funds.

Securities / Derivatives

SET to Step Up Measures to Address Irregular Trading

By Editors | 23/03/2022

The Stock Exchange of Thailand has received SEC approval to tighten its market surveillance measures, effective from 4 April.

Securities / Derivatives

ASX to Implement Fallbacks in OTC Interest Rate Derivatives

By Editors | 23/03/2022

From 27 June, all OTC Open Contracts cleared by ASX, including legacy trades, will be treated as if they incorporated fallback provisions contained in the 2021 ISDA Definitions.