SECURITIES / DERIVATIVES

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.

Enforcement

NAFMII Punishes Bond Underwriters Over SOE Default

By Editors | 21/01/2021

The three banks failed to conduct proper due diligence and verify cash that appeared to be abnormally restricted when underwriting Yongcheng Coal’s bonds.

Market Infrastructure

LME Proposes to Close Europe’s Last Open-outcry Trading Venue

By Editors | 21/01/2021

The LME’s trading ring has been used for metals trading since 1877. It’s temporary closure in March due to the Covid-19 pandemic may end up being permanent.

Securities / Derivatives

Malaysia Expands Sustainable Sukuk and Bonds Grant Scheme

By Editors | 21/01/2021

Eligible issuers can offset up to 90% of the external review costs incurred for the issuance of sustainable sukuk and bonds, subject to a maximum MYR 300,000 per issuance.

Securities / Derivatives

HKEX to Launch New Mini USD/CNH Futures Contract

By Editors | 21/01/2021

The new contract will cater to participants who prefer cash settlement and smaller contract sizes, such as medium-sized corporates and individuals.