SECURITIES / DERIVATIVES

Enforcement

SMBC Nikko Securities Under Market Manipulation Probe – Report

By Ranamita Chakraborty | 04/11/2021

Employees are said to have traded several stocks to support their prices to ensure the completion of block deals conducted after market hours.

ESG / Sustainability

ISSB Offers “Baseline” for Global Sustainability Reporting

By ESG Investor | 04/11/2021

The IFRS Foundation has officially launched its International Sustainability Standards Board and plans to issue a new climate disclosure standard next year.

Crypto / Digital Assets

Hong Kong Virtual Assets Regime Under Review: SFC

By Sanday Chongo Kabange | 03/11/2021

The SFC is considering whether licensed firms should be allowed to provide crypto trading services to clients through omnibus account arrangements, and whether to allow crypto ETFs.

Market Infrastructure

China ABS Market: A Magnet for Global Investors

By Manesh Samtani | 03/11/2021

China’s ABS market will see continued rapid growth in the coming years as the policy environment becomes more standardised and open, says Chen Yin, Associate Director at Moody’s Analytics.

Securities / Derivatives

IOSCO Finalises Guidance on Preventing Greenwashing in Funds

By Editors | 03/11/2021

IOSCO provides five recommendations for regulators to consider as they develop sustainability-related rules and regulations for asset managers.

Securities / Derivatives

Japan Unifies Licensing System for Financial Services

By Editors | 03/11/2021

The change will allow agents of financial service firms to sell financial products such as loans, investments and insurance under a single license.

Securities / Derivatives

Hong Kong FSDC Declares Support for Proposed SPAC Regime

By Manesh Samtani | 03/11/2021

The FSDC says requiring SPAC shares and warrants to be distributed to at least 75 professional investors could present an “unnecessarily high threshold”.

Enforcement

SFC Fines Fulbright Securities Over Internal Control Failures

By Editors | 02/11/2021

Fulbright Securities breached regulatory requirements when processing placement subscription applications for a Hong Kong-listed company in August 2018.

Securities / Derivatives

SGX Announces Strategic Investment in Trading Technologies Int’l

By Editors | 02/11/2021

SGX is buying a stake in a provider of professional trading software, infrastructure and data solutions for listed futures and options.