SECURITIES / DERIVATIVES

Securities / Derivatives

Deutsche Bank Set to Regain Ability to Sponsor HK IPOs

By Ranamita Chakraborty | 05/08/2021

Deutsche Bank has reportedly secured two senior hires who will be able to act as IPO principals, subject to regulatory approval.

Securities / Derivatives

Australia Launches Inquiry into Stock Ownership by Large Funds

By Editors | 04/08/2021

The government is said to be concerned about the growing influence of super funds as large shareholders of ASX listed companies.

Securities / Derivatives

CSRC Promises Increased Predictability of Policy Measures

By Sanday Chongo Kabange | 04/08/2021

The CSRC says it will seek closer cooperation with the US SEC and enhance the transparency and predictability of policy measures.

Securities / Derivatives

CSRC Grants QFI Custodian Licence to BNP Paribas

By Editors | 04/08/2021

The licence will allow BNP Paribas to work with foreign institutional investors to facilitate their access to China’s equities and bond markets.

Securities / Derivatives

Malaysian Regulators Ask Auditors to Up Their Game

By Ranamita Chakraborty | 04/08/2021

Audit engagements which required further evaluation and investigation in 2020 were found to have weak auditing procedures and lacked professional scepticism.

AML / KYC

US Investment Ban on 59 Chinese Companies Takes Effect

By Editors | 04/08/2021

US persons that have not yet divested their holdings in 59 companies that operate in the defence or surveillance technology sectors have until 3 June 2022 to do so.

Securities / Derivatives

Bursa Malaysia Proposes Listing Rule Changes to Enhance ACE Market

By Manesh Samtani | 03/08/2021

Sponsor eligibility requirements will be liberalised to make available a wider pool of qualified corporate finance advisers to act as sponsors for the ACE Market.

Enforcement

Hong Kong SFC Fines UBS Over Regulatory Breaches

By Editors | 03/08/2021

The breaches involve research report disclosures, telephone recordings, client derivatives knowledge assessments, and structured product sales.

AML / KYC

US House Bill Offers Regulatory Framework for Crypto

By Manesh Samtani | 02/08/2021

The bill would give the SEC authority over digital asset securities, the CFTC authority over digital assets, and the Fed authority to issue a digital dollar.