Securities / Derivatives

    Enforcement

    CSRC Issues New Rules for Settling Capital Market Violations

    By Sanday Chongo Kabange | 08/12/2021

    The new rules will enable parties suspected of engaging in illegal acts to pay administrative settlements rather than wait for investigations to be concluded.

    Securities / Derivatives

    CBIRC Authorises Insurers to Engage in Securities Lending

    By Mark Johnston | 07/12/2021

    The move will improve China’s short-selling mechanism, which will decrease market volatility, improve price discovery, reduce market risk, and create additional income for insurers.

    Securities / Derivatives

    Industry Bodies Set Roadmap for Shorter US Equities Settlement Cycle

    By Sanday Chongo Kabange | 07/12/2021

    Shortening the settlement cycle to T+1 is expected to reduce risks and costs for the securities industry, but also present challenges for foreign market participation.

    Securities / Derivatives

    China Limits Scope of Allowed Derivatives Activities at Banks

    By Editors | 07/12/2021

    Domestic financial institutions can only enter into cross-border OTC derivatives transactions if they are used for hedging purposes.

    Crypto / Digital Assets

    ASIC Flags Supply Chain Risk as Key Cyber Resilience Concern

    By Sanday Chongo Kabange | 07/12/2021

    Failure to invest in supply chain risk management could lead to significant consumer harm that might warrant ASIC investigation and action.

    Securities / Derivatives

    Bursa Malaysia Derivatives Launch Night Trading Session

    By Sanday Chongo Kabange | 06/12/2021

    Bursa’s new T+1 night trading session seeks to enhance the competitiveness and attractiveness of Malaysian derivatives markets.

    Big Picture

    ISDA Calls for Legal Clarity on Voluntary Carbon Credits

    By Sanday Chongo Kabange | 06/12/2021

    Legal clarity across jurisdictions would support the drafting of standardised documentation for a voluntary carbon credit OTC derivatives market.

    Securities / Derivatives

    Citigroup Applies to CSRC for China Securities Licence

    By Editors | 06/12/2021

    Citigroup reportedly plans to also apply for a futures licence in China in the coming months.

    Market Infrastructure

    FSB Reports Further Progress on OTC Derivatives Reforms

    By Editors | 05/12/2021

    15 out of 24 FSB member jurisdictions have implemented higher capital requirements for non-centrally cleared derivatives, compared to just 8 in 2020.

    Securities / Derivatives

    China Regulators Grow Increasingly Cautious of Quant Funds

    By Editors | 05/12/2021

    AMAC has reportedly closed a fast-track channel for quant fund managers, reflecting concerns that algo-based trading can increase volatility and unfairness in markets.

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