Securities / Derivatives

Securities / Derivatives

CSRC Grants Securities License to DBS Joint Venture

By Sanday Chongo Kabange | 10/06/2021

DBS Securities China, 51 percent owned by DBS Bank, has official commenced business operations under a new securities licence.

Securities / Derivatives

HKEX, FRC to Strengthen Collaboration on Financial Reporting Quality

By Editors | 09/06/2021

A new MOU establishes a collaborative framework which will ultimately provide better investor protection through high quality financial reporting.

ESG / Sustainability

SFC Raises Supervisory Focus on Fund Manager Resilience

By Manesh Samtani | 08/06/2021

The SFC is on the lookout for funds with outsized and concentrated bets to prevent an Archegos-type event in Hong Kong.

Securities / Derivatives

SEBI Allows Foreign Funds to Transfer Securities to IFSC Off-Market

By Editors | 07/06/2021

Off-market transfers lower the costs associated with relocating funds to Gift City and make it a more attractive investment destination.

Enforcement

Hong Kong: Appeals Tribunal Overturns Ban Against UBS Banker

By Editors | 07/06/2021

The SFAT concluded that the former UBS banker cannot be held personally responsible for the failings of the China Metal Recycling transaction team.

Securities / Derivatives

SEBI Enters MOU with Luxembourg Securities Regulator

By Editors | 07/06/2021

The MOU will facilitate mutual assistance, supervisory cooperation, and effective enforcement in the securities markets.

Securities / Derivatives

SEBI Defers Fund Disclosure Rule by Three Months

By Editors | 04/06/2021

New rules for the disclosure of scheme risk-o-meters, performance and portfolio details will be implemented on 1 September instead of 1 June.

AML / KYC

Biden Executive Order Amends, Clarifies China Blacklist

By Manesh Samtani | 04/06/2021

The revised EO is clearer, addresses many of the problem areas in the old EO, and is more enforceable, says Nick Turner at Steptoe & Johnson.

Securities / Derivatives

China’s SAFE Awards $10.3bn Worth of New QDII Quotas

By Editors | 04/06/2021

The new quotas, awarded to 17 institutions, represent the largest approval by SAFE in the history of the QDII scheme.