Securities / Derivatives

ESG / Sustainability

Japan FSA Seeks Better Quality ESG, Climate Disclosures

By Editors | 10/08/2021

The FSA plans to establish a new framework for the certification of ESG-related products. It is also exploring mandatory climate risk disclosures.

Securities / Derivatives

Australia Tweaks Fee Component of Super Fund Performance Test

By Editors | 10/08/2021

The test will be based on the most recent financial year of administration fees, rather than the past eight years, to incentivise fee reductions.

ESG / Sustainability

Thailand’s Proposed SME Board Falls Short of Market Needs

By Pongnut Thanaboonchai | 09/08/2021

The SEC’s proposed SME board is unlikely to facilitate access to capital for startups that are most in need of funding, says Pongnut Thanaboonchai.

Securities / Derivatives

JP Morgan Approved to Take Full Ownership of China Securities Unit

By Editors | 08/08/2021

JP Morgan already had a controlling stake in the unit. The new approval makes it the first foreign firm to fully own a securities venture in China.

Securities / Derivatives

Hong Kong ICAC Charges Securities Brokers for Bribery

By Editors | 08/08/2021

Two securities brokers accepted commissions to arrange for their clients to use a futures trading programme provided by a software company.

AML / KYC

Thai SEC Proposes UBO Registration Rules for Securities Firms

By Sanday Chongo Kabange | 08/08/2021

Securities firms offering trading, exchange or underwriting services will be required to ensure customers register their foreign beneficiaries.

ESG / Sustainability

US SEC Approves Nasdaq Proposal on Board Diversity

By Manesh Samtani | 08/08/2021

The new rules will require listed companies to meet race and gender targets, or explain in writing why they have failed to do so.

Market Infrastructure

China: New Rules Issued to Address Unreliable Bond Ratings

By Editors | 08/08/2021

The rules require credit rating agencies to strengthen their methodologies and systems, improve corporate governance, and avoid conflicts of interest.

Securities / Derivatives

TWSE to Enhance Timeliness of Disclosures by Listed Firms

By Sanday Chongo Kabange | 08/08/2021

In 2022, some listed companies will have to start disclosing uncertainties about their ability to continue as a going concern based on unaudited financial information.