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Enforcement
NZ FMA Cancels Fund Manager Licence for ‘Material’ Breaches
By Editors | 11/07/2021
Fund Managers Otago incorrectly calculated and disclosed returns in fund updates and entered into prohibited related party transactions, among other breaches.
ESG / Sustainability
Taiwan FSC Tightens Rules for ESG-themed Funds
By Sanday Chongo Kabange | 08/07/2021
Asset managers are required to set one sustainability goal and explain how their investments help achieve that goal.
Securities / Derivatives
China to Tighten Oversight of Overseas Listings
By Sanday Chongo Kabange | 08/07/2021
Chinese authorities will step up supervision of companies that list overseas to improve regulation of cross-border data flows and security.
Enforcement
ICAC, SFC Arrest Listed Company Exec in Joint Operation
By Sanday Chongo Kabange | 08/07/2021
The ICAC and SFC searched a number of premises, including the offices of the listed company and one of its IPO underwriters.
Securities / Derivatives
Sri Lanka Seeks Global Partner to Develop Exchange in Port City
By Sanday Chongo Kabange | 08/07/2021
The Colombo Port City project is a joint venture between Sri Lanka and China to develop a service-oriented special economic zone.
Securities / Derivatives
Vietnam to Launch New Debt Trading Platform in Q3
By Ranamita Chakraborty | 07/07/2021
The platform will be set up and operated by Vietnam Asset Management Company, the government’s debt management arm.
Crypto / Digital Assets
Philippine Bourse Seeks to Launch Crypto Business – Report
By Sanday Chongo Kabange | 07/07/2021
CEO Ramon Monzon said the PSE should be the exchange platform for crypto assets because it already has the trading infrastructure and investor safeguards in place.
Market Infrastructure
HKEX to Roll Out New IPO Settlement Platform Next Year
By Editors | 06/07/2021
HKEX will proceed with the development of FINI for handling all Hong Kong IPOs, initially adopting a T+2 settlement cycle.
Securities / Derivatives
Industry Bodies Partner to Adapt CDM for Repo, Bonds
By Sanday Chongo Kabange | 06/07/2021
Implementation of the Common Domain Model for repo and bonds is expected to deliver industry wide efficiency gains, ICMA says.
Market Infrastructure
MAS Consults on Revised Reporting Rules for OTC Derivatives
By Manesh Samtani | 06/07/2021
The amendments aim to facilitate the aggregation of OTC derivatives data through standardisation and harmonisation of data elements by incorporating the CPMI-IOSCO technical guidance.
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