ADVERTISEMENT
Enforcement
Westpac Insider Trading Case May Not Be Heard Until 2023
By Editors | 01/08/2021
A proposed February 2022 trial date will not be feasible as Westpac will have to be allowed sufficient time to review expert evidence.
Capital / Liquidity
PBOC Caps Short-term Debt Financing by Securities Firms
By Editors | 01/08/2021
The outstanding balance of short-term financing instruments issued by securities companies shall not exceed 60 percent of net capital.
Securities / Derivatives
DBS, Temasek to Launch Debt Financing Platform, EvolutionX
By Editors | 01/08/2021
The new platform will help founder entrepreneurs avoid dilution of share equity in their companies’ initial stages of development.
AML / KYC
Regulatory Pressure on Binance Builds With Malaysia Ban
By Manesh Samtani | 01/08/2021
Malaysia’s SC has announced enforcement actions. Binance is winding down its derivatives business in Europe. India is probing its involvement in a betting probe.
Securities / Derivatives
CSRC Grants Citigroup Approval to Launch Custody Business
By Editors | 01/08/2021
The licence allows Citi to provide custody services for fund products issued by fund firms or other asset managers in China.
Sanctions
State Street Updates TraHK Prospectus as US Sanctions Take Effect
By Sanday Chongo Kabange | 01/08/2021
In an addendum, State Street says TraHK units will not be offered or sold in the US or to US persons located outside the US.
Securities / Derivatives
CSRC Releases Latest Grades for Securities Firms
By Manesh Samtani | 01/08/2021
Goldman Sachs Gaohua Securities, Morgan Stanley Huaxin, and Credit Suisse Founder Securities made the list for the first time.
Securities / Derivatives
US SEC to Require New Disclosures from Chinese Issuers
By Manesh Samtani | 31/07/2021
Chinese issuers with VIE structures will have to “prominently and clearly” disclose that they face uncertainty about future actions by the Chinese government.
Market Infrastructure
ASX Launches Compression Service for OTC Derivatives
By Ranamita Chakraborty | 30/07/2021
In recent years, demand for compression services has risen as market participants look to lower capital costs associated with balance sheet-intensive derivatives.
Market Infrastructure
Family Offices Should Start Behaving Like Regulated Entities
By Marie Gervacio | 30/07/2021
Family offices should be reviewing their governance and risk management frameworks in light of the Archegos collapse, says Marie Gervacio.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team