SECURITIES / DERIVATIVES

Enforcement

Korea FSS to Order Banks to Compensate Lime Fund Investors

By Editors | 25/01/2021

Woori Bank, Busan Bank and Industrial Bank of Korea have reportedly agreed to pay restitution to investors based on estimated damages.

ESG / Sustainability

SGX Launches ESG Futures as Part of Sustainability Agenda

By Editors | 25/01/2021

The launch is part of the SGX FIRST initiative, a multi-pronged expansion of the exchange’s sustainability capabilities announced in December.

Securities / Derivatives

Sri Lanka SEC Approves New IPO Process, Relaxed Listing Rules

By Duruthu E Chandrasekera | 25/01/2021

The SEC has asked the Colombo Stock Exchange to implement a broad programme to educate companies on the simplified processes and encourage them to list.

Securities / Derivatives

Higher Profit Requirement for IPOs Will Hurt Hong Kong

By Manesh Samtani | 25/01/2021

Consultation responses suggest that HKEX’s proposal to raise the profit requirement for Main Board listing IPOs will drastically reduce its competitiveness.

Securities / Derivatives

CSRC Approves Establishment of Guangzhou Futures Exchange

By Editors | 24/01/2021

The new exchange is part of a policy blueprint released by mainland authorities last year to facilitate the development of the Greater Bay Area.

Enforcement

CSRC Revises Rules for Banning Access to Securities Market

By Editors | 24/01/2021

The draft rules will allow regulators to restrict an individual or entity from trading in all securities and securities investment funds nationwide for up to 5 years.

ESG / Sustainability

GRI Updates Disclosure Standards to Align with SDGs

By ESG Investor | 24/01/2021

New guidance for corporates from the Global Reporting Initiative will help asset owners track their contributions to the UN Sustainable Development Goals.

Market Infrastructure

Stock Connect to Include STAR Market Stocks from 1 February

By Editors | 24/01/2021

The corresponding H-shares will also be included in Southbound trading of Stock Connect, in addition to H-shares with corresponding A-shares listed in Shenzhen.

Crypto / Digital Assets

SGX, Temasek Partner on Digital Asset Infrastructure in Capital Markets

By Editors | 23/01/2021

A new JV will use blockchain-based technologies to provide an issuance-to-settlement network for Asia bonds, funds and sustainable finance products.