SECURITIES / DERIVATIVES

ESG / Sustainability

Hong Kong SFC Targets Adoption of Global ESG Standards

By Manesh Samtani | 01/12/2021

Chairman Tim Lui says the SFC is currently evaluating ESG disclosures “much more closely” and looking for more ways to reduce opportunities for greenwashing.

Market Infrastructure

Wealth Connect to be Refined, Expanded Over Time: HKMA

By Mark Johnston | 01/12/2021

Account opening by attestation is expected to be piloted for the WMC’s Northbound scheme, allowing Hong Kong investors to participate without having to travel.

Market Infrastructure

Taiwan Listed Companies Required to Bolster InfoSec Personnel

By Darien Choong | 01/12/2021

The information security requirements are divided into three levels according to the size of companies and other conditions.

Market Infrastructure

HKEX Issues Update on FINI Operational Arrangements

By Manesh Samtani | 01/12/2021

HKEX provides key operational arrangement updates for FINI in a new information pack, including the onboarding requirements for market participants.

Fintech / Regtech

ASX Opens First Industry Test Environment for CHESS Replacement

By Editors | 01/12/2021

ITE1 is open for software providers to test functional and non-functional workflows for the new equities clearing and settlement system.

Securities / Derivatives

SEBI Sets Out Guidelines for Operating Silver ETFs

By Editors | 30/11/2021

Silver ETFs will have to allocate at least 95 percent of assets to silver and silver-related exchange-traded commodity derivatives.

AML / KYC

HK ICAC Arrests Nine in Corruption Probe Involving Macau Firm

By Editors | 30/11/2021

CPAs and audit staff are suspected of accepting bribes to compile a false accountants’ report that was submitted to HKEX for a main board listing.

Market Infrastructure

CPMI, IOSCO Consider Client Clearing Access Models

By Editors | 29/11/2021

Improving access to client clearing is “critical” to ensuring all standardised OTC derivatives contracts are cleared through CCPs.

ESG / Sustainability

Taiwan to Improve Timeliness of Annual Reports, Strengthen Disclosures

By Darien Choong | 29/11/2021

Annual reports will have to be filed at least 7 days before shareholder meetings. The quality of sustainability disclosures will also be improved.