Securities / Derivatives

Securities / Derivatives

OJK Indonesia Restricts Stock Trading by Finance Companies

By Editors | 25/06/2022

Indonesia’s OJK also introduced new reporting requirements for securities companies conducting business as underwriters and broker-dealers.

Securities / Derivatives

ICMA Issues Guidance to Promote Bond Settlement Efficiency

By Editors | 25/06/2022

The best practice recommendations cover shaping of settlement instructions, partial settlement, auto-borrowing and netting.

Market Infrastructure

HKEX Instructs Market to Stop Issuing BCANs to Mainland Investors

By Editors | 24/06/2022

The instructions follow a December 2021 consultation from the CSRC that said Mainland investors would not be allowed to engage in northbound Stock Connect trading.

Crypto / Digital Assets

ADDX, CCB Partner to Enable Chinese Offshore Investments

By Editors | 24/06/2022

The CCB agreement allows ADDX to operationalise an arrangement with ICHAM to channel QDLP funds from mainland investors into overseas digital securities.

Securities / Derivatives

ASIC Issues Guidance on CCIV Registration, Licensing

By Sanday Chongo Kabange | 24/06/2022

To register a CCIV and initial sub-fund, a corporate director would first need to obtain an AFS licence, which can be a variation of an existing licence.

Enforcement

Japan SESC Seeks Penalty Order Against UK High Speed Trader

By Editors | 23/06/2022

Atlantic Trading London engaged in a series of manipulative derivative transactions in early 2020, the SESC said.

Securities / Derivatives

CSRC Explains Rule Requiring Fund Firms to Set Up CCP Units

By Manesh Samtani | 23/06/2022

The requirement for public fund companies to establish an internal CCP unit is “not linked to data security”, a CSRC official said.

Securities / Derivatives

China AMAC Issues Reputational Risk Management Guidelines

By Editors | 23/06/2022

In new guidelines, AMAC has specified obligations for fund houses to consider how changes in senior management and core staff could impact reputational risk.

Securities / Derivatives

SFC Cites Conduct, Technology and Climate as Key Priorities

By Editors | 23/06/2022

The SFC’s latest annual report highlights work to enhance book building and placing practices, regulate fund trustees and custodians, and enhance climate disclosure for fund investors.