SECURITIES / DERIVATIVES

Big Picture

ISDA Outlines Next Steps to Develop China Derivatives Markets

By Manesh Samtani | 20/12/2021

China’s draft Futures and Derivatives Law will remove a major barrier to international participation in China’s derivatives markets, ISDA says.

Securities / Derivatives

Hong Kong FRC Issues Guidance for Audit Committees

By Editors | 20/12/2021

The guidelines are intended to help audit committees adopt best practices in selecting auditors that will enhance the quality of corporate reporting.

ESG / Sustainability

ESG Products, Retail Investors to Propel Asia Derivatives Market

By Editors | 20/12/2021

in 2022, Asia derivatives market growth will be driven by ESG-related products and increased retail investor participation.

Enforcement

Japan SESC Recommends Fine for Insider Trading on Crypto Hack

By Editors | 20/12/2021

An individual who learned about the July 2019 theft of cryptocurrency from BITPoint Japan sold shares in its parent before the hack was publicly disclosed.

ESG / Sustainability

FCA’s TCFD Rules for Asset Managers to Allow for Data Gaps

By ESG Investor | 20/12/2021

Product-level disclosures to users can be limited for transitional period where proxies deemed insufficient.

Securities / Derivatives

SEBI Grants Mutual Funds More Time to Comply with New Norms

By Editors | 20/12/2021

SEBI has issued new guidelines on the use of pool accounts by mutual funds and deferred implementation of new risk management and benchmarking norms.

ESG / Sustainability

Malaysia SC Seeks Feedback on Principles-based SRI Taxonomy

By Editors | 20/12/2021

The Sustainable and Responsible Investment taxonomy features environment, social and sustainability components, as well as guiding principles on transition finance.

Securities / Derivatives

HKEX Finalises Framework for SPAC Listings in Hong Kong

By Manesh Samtani | 20/12/2021

The new framework takes effect on 1 January. A SPAC’s securities must be distributed to at least 20 institutional professional investors, down from 30 proposed during consultation.

Securities / Derivatives

Malaysia Set to Lift Restrictions on Intraday Short Selling

By Editors | 19/12/2021

Intraday short selling will resume on 1 January 2022, with enhanced control measures including the automated application of the “at-tick rule”.