SECURITIES / DERIVATIVES

Securities / Derivatives

ASX Proposes New Fee Model for Issuer Services

By Editors | 10/03/2022

The new fee model is intended to be simpler and provide greater certainty to issuers about ASX charges for issuer services.

Sanctions

China Widens Trading Band for Yuan-Ruble Currency Pair

By Editors | 10/03/2022

The existing 5 percent trading band around a daily midpoint set by the PBOC is making it difficult to price the exchange rate amid heightened ruble volatility.

Enforcement

FINRA Fines Deutsche Bank Securities for Best Execution Failures

By Editors | 10/03/2022

The firm routed customer orders to its own ATS before routing any part of the order to an exchange of the customer’s preference, FINRA said.

Securities / Derivatives

Nickel Short Squeeze Prompts Scrutiny from Chinese Regulators

By Editors | 09/03/2022

State-owned entities are being asked to provide data on their exposures energy and commodity-linked derivatives contracts.

Securities / Derivatives

Taiwan FSC Unveils Plans to Develop ESG Focused Industry Culture

By Editors | 09/03/2022

Investment firms will have to take ESG and climate considerations into account in investment decisions – even for non-ESG-themed fund products and proprietary trades.

Securities / Derivatives

FSC Korea Revises Corporate Governance Disclosure Rules

By Sanday Chongo Kabange | 08/03/2022

The revisions will require companies to provide additional disclosures in relation to business split-offs and internal transactions with affiliated firms.

Enforcement

Philippine SEC Strengthens Director Disqualification Rules

By Editors | 08/03/2022

The rules set out the conditions under which the SEC can disqualify and remove a director, trustee, or officer of a company.

Securities / Derivatives

Best Execution Requirements Come into Force in Singapore

By Manesh Samtani | 08/03/2022

MAS finalised the best execution requirements in September 2020, giving firms an 18-month transitional period for compliance.

AML / KYC

SGX Issues Directions to Listed Issuers on Sanctions Compliance

By Manesh Samtani | 08/03/2022

Gazprom’s GDR listing on SGX has been suspended. Issuers are directed to suspend trading if they are subject to sanctions or engaging in sanctioned business dealings with Russia.