SECURITIES / DERIVATIVES

Big Picture

FIA Calls for Greater Standardisation in Futures, Options Markets

By Editors | 08/11/2021

FIA recommends forming an independent standards body to start developing standards for trading and clearing of exchange-traded derivatives.

ESG / Sustainability

HKEX Issues Guidance on TCFD-aligned Climate Disclosures

By Editors | 08/11/2021

The guidance has been published to help listed companies prepare for TCFD-aligned climate change reporting, which will become mandatory in Hong Kong by 2025.

Securities / Derivatives

SEC Approves PCAOB Framework for HFCAA Determinations

By Editors | 07/11/2021

The framework sets out how the PCAOB will determine that it is unable to inspect the foreign audit firm of a US listed company and force a delisting.

ESG / Sustainability

LSEG, JPX to Develop Climate Indices for Japan Equity Market

By Editors | 07/11/2021

The new indices will enable investors to reallocate capital based on the climate credentials and carbon performance of the constituent companies in the index.

ESG / Sustainability

FCA Seeks Input on Disclosure, Labelling System for ESG Products

By Editors | 07/11/2021

The FCA is seeking views on product classification and labelling criteria for sustainable investment products, as well as asset manager and product-level disclosures.

Securities / Derivatives

PBOC Declares Offshore Online Brokers Illegal in China

By Darien Choong | 05/11/2021

Offshore online brokerages have been offering Chinese investors trading services for US and Hong Kong securities, without first obtaining a licence in China.

Securities / Derivatives

Singapore Opens Local Chapter of WEF Climate Governance Initiative

By Darien Choong | 04/11/2021

The local chapter, called Climate Governance Singapore, will seek to raise board-level awareness and promote decision-making based on the impacts of climate change.

Securities / Derivatives

S. Korea to Relax Reporting Rules for FIs Investing Overseas

By Editors | 04/11/2021

The proposed rule changes seek to ease the reporting burden faced by financial firms with business operations and investments in overseas markets.

Market Infrastructure

DSB Seeks Feedback on Legal Framework for UPI Service

By Editors | 04/11/2021

The Derivatives Service Bureau proposes to use a single overarching legal agreement for users subscribing to OTC ISIN and UPI Services.