SECURITIES / DERIVATIVES

Enforcement

HKICPA, FRC Agree to Share Information, Refer Cases

By Editors | 11/05/2021

The MoU is expected to enhance audit quality, contribute to the development of the Hong Kong audit market, and promote confidence in the capital markets.

Big Picture

How Derivatives Exchanges Can Promote Sustainable Development

By Ranamita Chakraborty | 11/05/2021

A new report from the WFE and the UN’s SSE Initiative offers guidance on how derivatives exchanges can facilitate the sustainability transition.

Securities / Derivatives

Korea Offers Additional Support to SMEs, Low-Rated Corporates

By Sanday Chongo Kabange | 10/05/2021

The FSC has announced additional support for SMEs, low-rated companies, and corporate bond and CP issuers.

Big Picture

WEF Publishes Report Outlining Capital Market Use Cases of DLT

By Sanday Chongo Kabange | 10/05/2021

The report calls for a balance between innovation and market safeguards through standardisation, the breaking down of silos and regulatory engagement.

AML / KYC

US Court Lifts Investment Ban Against Luokung Technology Corp

By Editors | 10/05/2021

Separately, China Mobile, China Unicom and China Telecom have lost their appeals of a NYSE decision to delist their shares.

Securities / Derivatives

Malaysia to Allow Circuit Breaker to Revert to Original Parameters

By Editors | 10/05/2021

The decision reflects the improving economic outlook, the roll-out of the vaccination programme, and the normalisation of global market conditions.

ESG / Sustainability

Australian Proxy Voting Reforms Under Fire

By ESG Investor | 10/05/2021

ISS says Australian Treasury consultation “premised on a misguided notion”, argues against five-day comment period for companies.

Securities / Derivatives

Hong Kong Launches Grant Scheme to Lure OFCs, REITs

By Editors | 10/05/2021

OFCs and REITs that set up in Hong Kong can secure funding to cover 70% of eligible expenses paid to Hong Kong-based service providers.

Securities / Derivatives

China to Launch Crude Oil Options, Open to Foreign Investors

By Editors | 09/05/2021

Shanghai INE is seeking feedback on a new crude oil options contract that will be open to foreign investors. Trading simulations will run for two weeks.