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Enforcement
HK Court Convicts Former Convoy Executives for Fraud
By Editors | 21/09/2021
Former Convoy executives conspired to dishonestly arrange for bond placement commissions to be diverted to a company they substantially owned.
Securities / Derivatives
JSDA to Form Industry Panel to Review IPO Pricing Mechanism
By Editors | 20/09/2021
Startups say IPO prices are set too low prior to listing and that they have often surged on listing. Brokers say the gaps are caused by volatility.
Market Infrastructure
OSE, TOCOM Launch New Derivatives Trading System
By Editors | 20/09/2021
J-GATE 3.0 will help to expand market liquidity and improve reliability and convenience for investors and trading participants.
Securities / Derivatives
Montréal Exchange Extends Trading Hours to Accommodate APAC
By Editors | 20/09/2021
The Canadian derivatives exchange said it is syncing its trading hours with APAC markets to support growing investor demand.
Securities / Derivatives
CSE Launches New OTC Platform for Corporate Debt Repo
By Duruthu E Chandrasekera | 20/09/2021
The new platform will enhance the repo trading mechanism and facilitate a buildup of liquidity in Sri Lanka’s corporate debt market.
Securities / Derivatives
CSRC Drafts Disclosure Rules for SMEs on New Beijing Exchange
By Editors | 20/09/2021
The proposed rules sets requirements on disclosure content and format to ensure the effectiveness and readability of information disclosures SMEs on the BSE.
Securities / Derivatives
US Fed to Review Ethics Rules Following Disclosures by Officials
By Editors | 19/09/2021
Financial disclosures filed by senior Fed officials showed multiple stock trades in 2020 worth millions of dollars, raising concerns over conflicts of interest.
Market Infrastructure
HKMA Names Market Makers for Southbound Bond Connect
By Editors | 18/09/2021
The designated market makers were selected based on several criteria, including their Hong Kong bond market activities and their counterparty networks with Mainland FIs.
Securities / Derivatives
CSRC Forms Inter-agency Group to Rein in Capital Market Crime
By Editors | 18/09/2021
The group will enhance coordination between the central and local government agencies to better enforce against and punish capital markets misconduct.
Securities / Derivatives
Sri Lanka: CSE to Allow Fundraising in Foreign Currencies
By Duruthu E Chandrasekera | 18/09/2021
Sri Lankan companies will be allowed to raise debt and equity in foreign currency on the Colombo Stock Exchange. A new benchmark index is also being launched.
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