Securities / Derivatives

AML / KYC

CFTC Investigates Binance for Possible Insider Trading

By Manesh Samtani | 22/09/2021

Binance reportedly has plans to become a licensed financial institution, with a centralised headquarters, to make it easier to work with regulators.

Securities / Derivatives

New Beijing Exchange Sets Out Investor Eligibility Requirements

By Editors | 22/09/2021

Personal investors must have assets worth CNY 500,000 in securities and funds accounts, and at least two years of investment experience, to trade on the new exchange.

Securities / Derivatives

SEC Philippines Creates Office to Facilitate Capital Raising by SMEs

By Sanday Chongo Kabange | 22/09/2021

The new office will simplify capital raising, streamline registration processes, and promote SME-friendly underwriting and advisory programmes at FIs.

Big Picture

IMF Calls for Action to Boost Investment Fund Resilience

By Editors | 22/09/2021

Measures proposed in a new IMF staff paper include enhanced liquidity management tools, redemption frequency limits, and the use of swing pricing to disincentivise early exits.

Market Infrastructure

Valuations of ESG Assets May be Stretched, BIS Warns

By Manesh Samtani | 21/09/2021

The BIS compares the ESG boom to railroad stocks in the mid-1800s, internet stocks during the dotcom bubble, and MBS during the GFC.

Securities / Derivatives

SEBI Chairman: T+1 Settlement ‘Good for all Participants’

By Ranamita Chakraborty | 21/09/2021

SEBI chairman Ajay Tyagi says moving to T+1 settlement will be good for all participants and not lead to liquidity fragmentation.

Securities / Derivatives

Chinese Regulators Hold Meeting with Wall Street Firms – Report

By Sanday Chongo Kabange | 21/09/2021

CSRC vice chairman Fang Xinghai reportedly defended moves targeting the education and gaming industries as measures to reduce social anxiety.

Securities / Derivatives

SC Malaysia Launches Five Year Capital Market Masterplan

By Manesh Samtani | 21/09/2021

The masterplan includes measures to facilitate greater fundraising efficiency, liberalise access to foreign funds, and further develop the derivatives market.

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.