SECURITIES / DERIVATIVES

AML / KYC

HKMA, SFC Allow Intermediaries to Offer Crypto Services

By Manesh Samtani | 31/01/2022

Authorised institutions and licensed corporations wishing to offer virtual asset dealing services can do so only by partnering with SFC-licensed trading platforms.

Securities / Derivatives

TFEX to Expand FX Derivatives Products During 2022

By Editors | 30/01/2022

In the year ahead, TFEX will add more currency pairs to its FX derivatives product line and work to enhance liquidity in main board commodity derivatives.

Securities / Derivatives

SEBI Directs Firms to Use Demat Form When Re-issuing Securities

By Ranamita Chakraborty | 30/01/2022

Issuer firms and RTAs should issue securities in dematerialised form when processing service requests from investors.

Securities / Derivatives

Taiwan to Ease Limit on Investment in Mainland Financial Firms

By Editors | 30/01/2022

The FSC proposes to allow Taiwanese securities and futures companies to own more than 50 percent of Mainland institutions.

Market Infrastructure

SHFE to Introduce Commodity Swaps with Central Settlement

By Editors | 30/01/2022

Shanghai Futures Exchange has issued new rules setting out the requirements for firms to participate as primary dealers, secondary dealers and settlement institutions.

Enforcement

SFC Fines Citigroup Asia Unit for Client Facilitation Misconduct

By Editors | 28/01/2022

Deceptive practices were deployed at the expense of clients’ best interest and to the detriment of market integrity, said SFC chief Ashley Alder.

Securities / Derivatives

Taiwan FSC Finalises Rules on Listco Related Party Transactions

By Darien Choong | 28/01/2022

The rules seek to strengthen the management of related party transactions and improve the quality of opinions issued by external experts.

Securities / Derivatives

KRX Chief Vows to Improve Investor Protection in Stock Market

By Sanday Chongo Kabange | 28/01/2022

Sohn Byung-doo suggests lockup periods be imposed on executives following an IPO, and that companies be required to consider retail investors when processing spinoff IPOs.

Market Infrastructure

Sri Lanka Commences Work to Establish CCP for Equities

By Duruthu E Chandrasekera | 27/01/2022

SEC chairman Viraj Dayaratne said “steady progress” is being made and the CCP is expected to launch by year end as planned.