SECURITIES / DERIVATIVES

Fintech / Regtech

JPX Creates New Subsidiary to Accelerate Market Innovation

By Mark Johnston | 04/12/2021

The new subsidiary will enable JPX to accelerate its work to diversify its businesses, advance the sophistication of its services, and improve market efficiency.

Securities / Derivatives

Shanghai to Pilot Secondary Market for PE, VC Funds

By Sanday Chongo Kabange | 04/12/2021

The pilot is being launched at the Shanghai Equity Exchange to experiment with ways to expand the exit channels available to investors in PE and VC funds.

Capital / Liquidity

CBIRC Issues Clarification on Close-out Netting Enforceability

By Manesh Samtani | 02/12/2021

The CBIRC seeks to clarify the enforceability of close-out netting in China, saying the labelling of the country as a “non-netting jurisdiction” has harmed its financial institutions.

Securities / Derivatives

SGX Launches First Leveraged and Inverse ETPs

By Editors | 01/12/2021

The listing enables investors to express market views without engaging in traditional leverage strategies that require margin monitoring or shorting, said SGX’s Michael Syn.

Securities / Derivatives

Bursa Malaysia to Enhance Conflict of Interest Disclosure Rules

By Editors | 01/12/2021

Proposed amendments will require directors and senior managers of listed companies to disclose their interests in competing businesses.

ESG / Sustainability

Disclosure on All TCFD Categories Increasing Year by Year: JPX

By Sanday Chongo Kabange | 01/12/2021

Of the 259 TCFD-supporting companies surveyed, 42 had disclosures in all 11 TCFD categories; 36 did not have disclosures in any of the categories.

ESG / Sustainability

Hong Kong SFC Targets Adoption of Global ESG Standards

By Manesh Samtani | 01/12/2021

Chairman Tim Lui says the SFC is currently evaluating ESG disclosures “much more closely” and looking for more ways to reduce opportunities for greenwashing.

Market Infrastructure

Wealth Connect to be Refined, Expanded Over Time: HKMA

By Mark Johnston | 01/12/2021

Account opening by attestation is expected to be piloted for the WMC’s Northbound scheme, allowing Hong Kong investors to participate without having to travel.

Market Infrastructure

Taiwan Listed Companies Required to Bolster InfoSec Personnel

By Darien Choong | 01/12/2021

The information security requirements are divided into three levels according to the size of companies and other conditions.