SECURITIES / DERIVATIVES

Market Infrastructure

HKEX Issues Update on FINI Operational Arrangements

By Manesh Samtani | 01/12/2021

HKEX provides key operational arrangement updates for FINI in a new information pack, including the onboarding requirements for market participants.

Fintech / Regtech

ASX Opens First Industry Test Environment for CHESS Replacement

By Editors | 01/12/2021

ITE1 is open for software providers to test functional and non-functional workflows for the new equities clearing and settlement system.

Securities / Derivatives

SEBI Sets Out Guidelines for Operating Silver ETFs

By Editors | 30/11/2021

Silver ETFs will have to allocate at least 95 percent of assets to silver and silver-related exchange-traded commodity derivatives.

AML / KYC

HK ICAC Arrests Nine in Corruption Probe Involving Macau Firm

By Editors | 30/11/2021

CPAs and audit staff are suspected of accepting bribes to compile a false accountants’ report that was submitted to HKEX for a main board listing.

Market Infrastructure

CPMI, IOSCO Consider Client Clearing Access Models

By Editors | 29/11/2021

Improving access to client clearing is “critical” to ensuring all standardised OTC derivatives contracts are cleared through CCPs.

ESG / Sustainability

Taiwan to Improve Timeliness of Annual Reports, Strengthen Disclosures

By Darien Choong | 29/11/2021

Annual reports will have to be filed at least 7 days before shareholder meetings. The quality of sustainability disclosures will also be improved.

Securities / Derivatives

SGX Goes Live with NZX Dairy Derivatives Contracts

By Editors | 29/11/2021

The partnership with SGX will bring “unprecedented access” to the dairy derivatives markets, says NZX chief Mark Peterson.

Enforcement

Hong Kong SFC Investigates Ramp-and-Dump Scam

By Editors | 29/11/2021

Restriction notices have been sent to two brokerage firms prohibiting them from dealing in assets worth HK$312mn held across 17 trading accounts.

Securities / Derivatives

Australia Introduces Bill to Enable CCIV Fund Structure

By Editors | 29/11/2021

The CCIV has the potential to unlock significant opportunities for the Australian funds management industry, says Financial Services Council CEO Sally Loane.