Securities / Derivatives

    Enforcement

    SFC, HKEX Fine HSBC Securities for Regulatory Breaches

    By Editors | 04/03/2022

    The firm made errors when assigning BCANs to clients. It also oversold China securities due to deficiencies in its order management and algorithmic trading systems.

    Securities / Derivatives

    Cambodia Securities Exchange Launches New Mobile Trading App

    By Editors | 04/03/2022

    The mobile app will help promote the growth of trading and liquidity in Cambodia’s securities market, said CSX chief Hong Sok Hour.

    Securities / Derivatives

    SEBI to Allow FPIs to Access Commodities Derivatives Market

    By Editors | 03/03/2022

    SEBI proposes to scrap rules that require foreign investors to have actual commodity exposure to participate in the exchange-traded commodity derivatives market.

    Securities / Derivatives

    BSEC Plans to Transition Stock Market to T+2 Settlement

    By Editors | 03/03/2022

    BSEC is working on the technical aspects of the change, which will likely be implemented in phases, starting with blue-chip stocks.

    Crypto / Digital Assets

    SET to Launch Digital Asset Exchange ‘Very Soon’

    By Editors | 03/03/2022

    The new digital asset exchange will not offer cryptocurrency trading, but instead focus on investment tokens and utility tokens.

    Securities / Derivatives

    JSDA Proposes Measures to Improve IPO Pricing Mechanism

    By Editors | 03/03/2022

    JSDA proposes to allow brokers greater flexibility in IPO price-setting, and to allow prices to exceed pre-set bands if demand is strong.

    ESG / Sustainability

    Bursa Malaysia Launches New Initiative to Boost Appeal of PLCs

    By Editors | 02/03/2022

    Five digital guidebooks will be issued in 2022, to help publicly listed companies adopt best practices in areas such as governance and sustainability.

    Securities / Derivatives

    Eight SPACs Have Filed IPO Applications in Hong Kong

    By Sanday Chongo Kabange | 02/03/2022

    The first applicant, backed by CMB International, has been approved. The latest applicant is a SPAC majority owned by ex-HKMA chief Norman Chan.

    Securities / Derivatives

    SFC’s New Rules on Bookbuilding & Placing Activities: What to Know

    By Alan Linning | 02/03/2022

    Alan Linning and Susanne Harris explain the new requirements and offer guidance on next steps for intermediaries to prepare for compliance by August.

    Enforcement

    SFC Permanently Bans Ex-HSBC Employee Over Bribery Convictions

    By Editors | 02/03/2022

    The former vice president accepted gifts as inducements to handle credit applications and maintain the credit facilities for two companies controlled by a client.

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