Securities / Derivatives

Enforcement

HK Court Orders Founder to Buy Shares from Wronged Investors

By Editors | 07/10/2022

The order is the first made to require a listed company executive to buy shares held by other investors “at a price to be determined by the court”.

Securities / Derivatives

China Offers Tax Breaks to Private Pension Participants

By Editors | 07/10/2022

The move is expected to incentivise more FIs to participate in the private pension scheme and improve their products and services to gain market share.

Crypto / Digital Assets

SWIFT Publishes Results of CBDC, Tokenised Asset Experiments

By Editors | 06/10/2022

The experiments show SWIFT can enable central banks to connect their CBDC networks to all other payment systems in the world through a single gateway.

ESG / Sustainability

UK FCA Warns on Green Fund Label Abuse

By ESG Investor | 05/10/2022

FCA Director of ESG Sacha Sadan underlines need for market confidence, highlights importance of investor engagement.

AML / KYC

Singapore Passes Amendments to Business Trusts Act

By Editors | 05/10/2022

Unlisted business trusts will have to obtain and maintain information on the beneficial owners of units, and provide this information to authorities upon request.

Securities / Derivatives

Korea to Relaunch Market Stabilisation Fund This Month

By Editors | 05/10/2022

The stabilisation fund will be worth a reported $7bn and be used to inject money in the local stock market if it continues to fall.

ESG / Sustainability

Taiwan Amends Prospectus Rules to Accommodate ESG Funds

By Editors | 05/10/2022

The draft amendments specify the disclosures securities investment trust funds must make in their prospectuses if they are ESG-themed.

Securities / Derivatives

SEBI Extends 2FA Requirement to Fund Subscription Transactions

By Editors | 05/10/2022

AMCs are already required to authenticate mutual fund redemption transactions. The requirement is being extended to include subscription transactions.

ESG / Sustainability

Thai Stock Exchange Launches New ESG Data Platform

By Editors | 05/10/2022

Phase one allows listed companies to submit ESG data to the platform. Phase two will enable the distribution of ESG data to the public domain within the Q2 2023.