Securities / Derivatives

    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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