SECURITIES / DERIVATIVES

Market Infrastructure

Tokyo Exchange Obtains ESMA Recognition Under BMR

By Editors | 04/03/2021

A total of 192 benchmarks administered by the TSE are listed as in scope, including key benchmarks TOPIX and JPX-Nikkei Index 400, as well as their sub-indices.

Enforcement

Bursa Punishes RHB Representative for Unauthorised Trading

By Editors | 04/03/2021

The former representative committed the breaches for personal financial gain and attempted to conceal his misconduct from RHB Investment Bank’s management.

Enforcement

Taiwan FSC Penalises Brokers for Lax Security Controls

By Editors | 04/03/2021

Cathay Securities, Concord Securities and SinoPac Securities were fined the most and barred from certain business and capital raising activities for three months.

Market Infrastructure

NSE, INX, MCX to Jointly Set Up New GIFT City Bullion Exchange

By Editors | 04/03/2021

NSE, India INX, MCX, NSDL and CDSL have agreed to set up a bullion exchange, clearing corporation and depository at GIFT City.

Securities / Derivatives

Chinese SOEs to Issue Carbon Neutrality Bonds on Shanghai Bourse

By Editors | 04/03/2021

China Energy Investment Corp, State Power Investment Corp, China Huaneng Group Co and China National Nuclear Corp will issue carbon neutrality bonds on the SSE.

ESG / Sustainability

EU: Delay to Finalised RTS Generates SFDR Uncertainty

By ESG Investor | 04/03/2021

Asset managers had hoped that finalised regulatory technical standards for Level 2 SFDR reporting would be available to assist preparations for Level 1 compliance.

ESG / Sustainability

Japan FSA To Review ESG Fund Labelling Rules

By Sanday Chongo Kabange | 04/03/2021

Discussions with asset managers and fund distributors may start by June to assess whether rules for mutual fund labels can guard against greenwashing.

Securities / Derivatives

BSEC Prepares Draft Rules for Stock Stabilisation Fund

By Ranamita Chakraborty | 04/03/2021

The fund will be set up using unclaimed cash and stock dividends and be used to help stabilise the capital market.

AML / KYC

SEBI Consults on Creation of Accredited Investor Class

By Ranamita Chakraborty | 04/03/2021

SEBI says the new investor classification can help it to focus its regulatory resources on investors that need more protection and facilitate innovation in the securities market.