Securities / Derivatives

Enforcement

HK Court Jails Former Convoy, Gransing Executives

By Editors | 17/10/2021

Former Convoy executives conspired to dishonestly arrange for bond placement commissions to be diverted to a company they substantially owned.

Fintech / Regtech

ICMA Launches Initiative to Standardise Repo Documentation

By Editors | 17/10/2021

ICMA will work to develop an industry-wide taxonomy and clause library for repo trade documentation to improve efficiency in debt markets.

Fintech / Regtech

Tokyo Offers Subsidies to Foreign Firms in Green Finance

By Editors | 17/10/2021

The subsidies are available to foreign asset management and fintech companies working in the field of green finance who wish to start new businesses in Tokyo.

Securities / Derivatives

S. Korea Cabinet Approves Measures to Enhance ABS Market

By Editors | 15/10/2021

The revisions abolish requirements that only allow companies with BB ratings or above to issue ABS. Businesses will also be able to securitise future assets and intellectual property rights.

Securities / Derivatives

Shenzhen, Guangdong Issue First-ever Offshore Bonds

By Editors | 14/10/2021

Shenzhen and Guangdong have become the first local government authorities in China to issue RMB-denominated bonds in offshore markets.

Securities / Derivatives

Taiwan FSC Amends Personnel Rules for Mutual Funds

By Darien Choong | 14/10/2021

Eleven overseas firms offering securities investment trust funds in Taiwan will need to set up a local risk management department by end-2022.

Securities / Derivatives

SEBI Orders Mutual Funds to Direct More Trades to RFQ Platforms

By Editors | 13/10/2021

From 1 December, 25% of mutual funds’ corporate bond trades must be directed through RFQ platforms of stock exchanges.

ESG / Sustainability

Japan to Consider Removal of Quarterly Reporting Requirement

By Editors | 13/10/2021

While some argue quarterly reporting helps investors make more informed judgments, regulators worry it incentivises short term profit seeking behaviour.

ESG / Sustainability

Japan to Start Investing Foreign Reserves in ESG Bonds

By Sanday Chongo Kabange | 12/10/2021

Japan would become the first G7 government to use its foreign reserves for ESG investments, as it ramps up efforts to combat climate change.