Securities / Derivatives

Enforcement

CSRC Issues New Rules for Settling Capital Market Violations

By Sanday Chongo Kabange | 08/12/2021

The new rules will enable parties suspected of engaging in illegal acts to pay administrative settlements rather than wait for investigations to be concluded.

Securities / Derivatives

CBIRC Authorises Insurers to Engage in Securities Lending

By Mark Johnston | 07/12/2021

The move will improve China’s short-selling mechanism, which will decrease market volatility, improve price discovery, reduce market risk, and create additional income for insurers.

Securities / Derivatives

Industry Bodies Set Roadmap for Shorter US Equities Settlement Cycle

By Sanday Chongo Kabange | 07/12/2021

Shortening the settlement cycle to T+1 is expected to reduce risks and costs for the securities industry, but also present challenges for foreign market participation.

Securities / Derivatives

China Limits Scope of Allowed Derivatives Activities at Banks

By Editors | 07/12/2021

Domestic financial institutions can only enter into cross-border OTC derivatives transactions if they are used for hedging purposes.

Crypto / Digital Assets

ASIC Flags Supply Chain Risk as Key Cyber Resilience Concern

By Sanday Chongo Kabange | 07/12/2021

Failure to invest in supply chain risk management could lead to significant consumer harm that might warrant ASIC investigation and action.

Securities / Derivatives

Bursa Malaysia Derivatives Launch Night Trading Session

By Sanday Chongo Kabange | 06/12/2021

Bursa’s new T+1 night trading session seeks to enhance the competitiveness and attractiveness of Malaysian derivatives markets.

Big Picture

ISDA Calls for Legal Clarity on Voluntary Carbon Credits

By Sanday Chongo Kabange | 06/12/2021

Legal clarity across jurisdictions would support the drafting of standardised documentation for a voluntary carbon credit OTC derivatives market.

Securities / Derivatives

Citigroup Applies to CSRC for China Securities Licence

By Editors | 06/12/2021

Citigroup reportedly plans to also apply for a futures licence in China in the coming months.

Market Infrastructure

FSB Reports Further Progress on OTC Derivatives Reforms

By Editors | 05/12/2021

15 out of 24 FSB member jurisdictions have implemented higher capital requirements for non-centrally cleared derivatives, compared to just 8 in 2020.