Securities / Derivatives

Market Infrastructure

Hong Kong, Mainland Exchanges to Include ETFs in Stock Connect

By Editors | 28/12/2021

Eligible ETFs will be included in Stock Connect. Business and technical preparations are expected to take about six months to complete.

ESG / Sustainability

Sri Lanka Regulator to Align Rules with New SEC Act Within January

By Duruthu E Chandrasekera | 28/12/2021

The new SEC Act passed in September paves the way for new rules and guidelines to raise ESG standards among listed companies in Sri Lanka.

Securities / Derivatives

US Bourses Explore IPOs from SE Asia Amid Chinese Withdrawal

By Sanday Chongo Kabange | 24/12/2021

Continued regulatory scrutiny from Chinese and US regulators has reportedly compelled US exchanges to explore IPO hopefuls from India, Indonesia, Vietnam and Malaysia.

Enforcement

US Authorities Criminally Convict NatWest on Spoofing Charges

By Editors | 24/12/2021

NatWest traders engaged in schemes to defraud in connection with spoof orders designed to profit from manipulation of the US Treasury securities and futures markets, the DOJ said.

Securities / Derivatives

Regulatory Limits on Fees Will Not Apply to Accredited Investors: SEBI

By Mark Johnston | 23/12/2021

SEBI has clarified that the fees charged to accredited investors will not be subject to caps specified in existing guidelines for investment advisors and portfolio managers.

Securities / Derivatives

Taxing Securities Trades Will Reduce Competitiveness, says SET President

By Editors | 23/12/2021

SET president Pakorn Peetathawatchai Pakorn was responding to reports that the government is planning a 0.1 percent tax on securities trades.

Securities / Derivatives

ASIC Urges Listed Entities to Disclose Business Risk Properly

By Sanday Chongo Kabange | 23/12/2021

Listed company directors and auditors should focus on impairment of assets, particularly as some businesses may be adversely affected in a post-Covid environment.

Securities / Derivatives

SEC Issues New Disclosure Guidance for US-Listed Chinese Firms

By Sanday Chongo Kabange | 23/12/2021

The guidance focuses on the need for clear and prominent disclosure regarding the use of VIE and SPAC structures, and the associated legal and operational risks.

Securities / Derivatives

CSRC to Bar Mainlanders from Using Northbound Stock Connect

By Sanday Chongo Kabange | 22/12/2021

A CSRC rule amendment will specify that mainland investors are not to be included as qualified investors in the northbound legs of Stock Connect.