Securities / Derivatives

Securities / Derivatives

China Releases Supplementary Rules for Carbon Rights Trading

By Editors | 24/05/2021

The rules detail the role of the registration authority, allowing it to intervene if carbon prices see abnormal fluctuations or excessive volatility.

Securities / Derivatives

Philippine Bourse Ordered to Show Progress on SME Listings

By Sanday Chongo Kabange | 24/05/2021

The order from the DOF follows the introduction of new listing rules in March, which are aimed at encouraging greater SME participation in the stock market.

Securities / Derivatives

ESMA Recommends Lower Short Position Reporting Threshold

By Editors | 24/05/2021

ESMA says a “substantial amount” of essential information became available to NCAs after the notification threshold was lowered to 0.1% last year.

Enforcement

Nomura, UBS, UniCredit Fined for Participating in Trading Cartel

By Editors | 24/05/2021

During Europe’s sovereign debt crisis, the banks shared information about their EGB bidding and trading strategies in Bloomberg terminal chat rooms.

Securities / Derivatives

Korea Brokers Join Emissions Trading Scheme as Market Makers

By Editors | 24/05/2021

Participation by the brokerage firms as market makers will help reduce bid-ask spreads and keep Korea’s emissions trading market liquid.

Enforcement

S. Korea Revises Law to Strengthen Market Integrity

By Editors | 24/05/2021

The revisions will ease approval processes for financial investment businesses, including foreign firms, while also increasing penalties for stock manipulation.

ESG / Sustainability

TDCC, Glass Lewis Announce Partnership on Proxy Reports

By Sanday Chongo Kabange | 24/05/2021

The initiative will enable the TDCC to provide Taiwan issuers with proxy research reports, which will help to enhance transparency for investors.

Market Infrastructure

Hainan Unveils 3-Year Plan to Improve Investment Environment

By Sanday Chongo Kabange | 24/05/2021

The Hainan action plan encourages regional businesses to pursue financing by listing on both domestic and overseas exchanges.

Securities / Derivatives

SGX RegCo Extends Suspension of Issuer Watch-List

By Editors | 24/05/2021

The extension is to enable issuers to focus on Covid-19 related business and economic challenges and on dealing with any resultant liquidity crunch.