SECURITIES / DERIVATIVES

Market Infrastructure

Industry Groups Collaborate to Plan Move to T+1 in US Equities

By Sanday Chongo Kabange | 01/05/2021

SIFMA, ICI and DTCC plan to complete their analysis on the next steps needed to shorten the settlement cycle in US equities by the end of Q3 2021.

Enforcement

SG Police Issue Forgery Charges in Nickel Trading Fraud Case

By Editors | 30/04/2021

With the latest charges, Ng Yu Zhi now faces a total of 11 counts of cheating, fraudulent trading and forgery. He will return to court on 17 May.

ESG / Sustainability

LuxSE Displays First Sustainability Bond from Thailand on LGX

By Sanday Chongo Kabange | 30/04/2021

Thailand opted to list the sustainability bond on the Luxembourg Green Exchange to strengthen access to the international investor community.

Enforcement

SEC Thailand Seeks Investigative, Prosecutorial Powers

By Editors | 29/04/2021

The SEC seeks powers to investigate and prosecute its own cases and speed up enforcement against capital market violations.

Enforcement

SFC Set to Deploy Data Analytics in Broker Inspections

By Manesh Samtani | 29/04/2021

High volume brokers were asked in 2019 to adopt new data standards to enable more timely data submissions to regulators when requested.

Securities / Derivatives

ICBC Extends Loan to Huarong to Pay Offshore Bond

By Manesh Samtani | 29/04/2021

The CBIRC had asked banks not to withhold loans from Huarong for at least six months, to help the company refinance its debt.

ESG / Sustainability

Malaysia SC Publishes Updated Corporate Governance Code

By Editors | 29/04/2021

The update focuses on selection and nomination processes for directors, including to address issues with board diversity and sustainability.

Securities / Derivatives

Bank Losses from Archegos Collapse to Exceed $10bn

By Sanday Chongo Kabange | 29/04/2021

New disclosures from UBS and Nomura have raised estimates of the total losses to banks to over $10.5bn.

Crypto / Digital Assets

CBIRC Warns of Crackdown on Illegal Fundraising Activities

By Editors | 29/04/2021

New regulations on the prevention and handling of illegal fundraising activities come into effect from 1 May.