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Big Picture
Exchanges Can Help Minimise Broker-Dealer Operational Risk
By Manesh Samtani | 13/09/2021
A paper by Citadel Securities, NYSE, Nasdaq, MIAX, MEMX, and BOX says exchanges can provide an additional layer of protection on top of broker-dealers’ own risk controls.
Securities / Derivatives
Thai SEC Eases Red Taps for Foreign Issuers Seeking IPO
By Pongnut Thanaboonchai | 12/09/2021
The change will reduce the burden of raising funds for foreign companies and help boost the competitiveness of Thai capital markets, the SEC said.
Market Infrastructure
RBC Capital Markets to Launch FX Infrastructure in Singapore
By Editors | 12/09/2021
RBC says the new e-FX server and pricing engine was developed with support from MAS and will be launched by year-end.
Securities / Derivatives
Hong Kong SPAC Framework to Prohibit Retail Access – Report
By Editors | 12/09/2021
Hong Kong’s SPAC framework will reportedly be issued for public consultation this month, proposing that only professional investors be allowed to participate.
Enforcement
KRX to Temporarily Exempt Market Makers from Obligations
By Editors | 12/09/2021
KRX says the FSS warning of fines against nine market makers will hamper the functioning of the market making system for a while.
Securities / Derivatives
SEBI Revises Position Limits on Currency Derivatives
By Editors | 12/09/2021
The revised position limits apply to domestic clients, NRIs, and Category II FPIs that are individuals, family offices, and corporates.
Uncategorised
HKEX to Launch New Mobile Market Data Service
By Editors | 11/09/2021
Users will have access to Level 1 live streaming Hong Kong securities market data from their mobile devices.
Market Infrastructure
Cross-boundary Wealth Management Connect Launched
By Manesh Samtani | 10/09/2021
The PBOC, HKMA and AMCM have published the implementation details to support the launch of the Cross-boundary Wealth Management Connect Pilot Scheme.
Enforcement
CSRC Probes Haitong Securities in Financial Reporting Fraud Case
By Editors | 10/09/2021
Haitong is suspected of negligence and violations of law and regulations when it served as financial adviser on a deal to help a client on a backdoor listing deal.
ESG / Sustainability
MAS to Set New Disclosure Standards for Retail ESG Funds
By Manesh Samtani | 10/09/2021
Enhanced disclosures will be required from retail ESG funds next year. NUS will launch a new centre of excellence this year to groom ESG talent.
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