SECURITIES / DERIVATIVES

Securities / Derivatives

HK SPAC Regime Threatened by Lack of D&O Insurance – Report

By Editors | 17/02/2022

Few insurers in Hong Kong provide liability insurance for directors and officers of SPACs. Those that do charge premiums up to five times higher than for traditional IPOs.

Enforcement

HK Court Orders Illicit Insider Dealing Profits to Be Returned

By Editors | 17/02/2022

Illicit profits made from insider dealing in the shares of GEM-listed TeleEye Holdings in 2016 will be returned to 63 investors.

Securities / Derivatives

FMSB Issues Standards on Sharing Investor Allocation Information

By Editors | 15/02/2022

The Standard sets out practices for syndicate banks on the sharing of investor allocation information in the fixed income primary markets.

Securities / Derivatives

Thailand SEC Proposes Revisions to Private Placement Rules

By Sanday Chongo Kabange | 15/02/2022

The changes streamline filing processes for offerings of newly issued shares through private placements, while bolstering investor protections.

Securities / Derivatives

RBI Allows Banks to Deal in Foreign Currency Settled OIS

By Editors | 15/02/2022

AD Cat-I banks are eligible to offer foreign currency settled overnight indexed swaps to persons not resident in India as well as to other AD Cat-I banks.

Market Infrastructure

CSRC Finalises Enhancements to Shanghai-London Stock Connect

By Darien Choong | 15/02/2022

Companies listed in the UK, Switzerland and Germany and “potentially other major markets in Europe” will be able to apply to issue CDRs in China.

ESG / Sustainability

JPX Commences Research On ‘Digitally Tracked Green Bonds’

By Editors | 14/02/2022

JPX plans to issue the bond to help it achieve carbon neutrality, while at the same time enabling investors to track its progress over time.

Securities / Derivatives

Philippine SEC Consults on ASEAN Sustainable Fund Standards

By Editors | 14/02/2022

The SEC seeks views from investment firms and fund managers on their expectations for sustainable funds, including issuance trends, investment drivers, and regulatory requirements.

Market Infrastructure

Taiwan FSC Urges ListCos, Brokers to Bolster Cyber Defences

By Editors | 14/02/2022

The regulator is encouraging listed companies and securities firms to share information security information to achieve greater effectiveness in their cyber defences.