Securities / Derivatives

    Securities / Derivatives

    HKEX Asks Participants to Prepare for FRC Transaction Levy

    By Manesh Samtani | 01/07/2021

    Levies will be payable to the Financial Reporting Council by sellers and purchasers of securities, public interest entities, and PIE auditors from 1 January 2022.

    Market Infrastructure

    IOSCO Proposes Sustainability-related Rules for Fund Managers

    By Editors | 01/07/2021

    Recommendations for securities regulators cover asset manager practices, product disclosure, supervision and enforcement, terminology, and investor education.

    Securities / Derivatives

    Tokyo Bourse Lists First Depositary Receipts by Asian Firm

    By Sanday Chongo Kabange | 01/07/2021

    Singapore-based Omni-Plus System is only the second foreign company to list JDRs, after US chip design company Techpoint’s 2017 offering.

    Market Infrastructure

    FMA Finds Improved Regulatory Arrangements at NZX

    By Ranamita Chakraborty | 01/07/2021

    The overall design of NZ RegCo is a notable improvement on prior arrangements, FMA said in an annual review of NZX.

    Market Infrastructure

    BOK to Continue Bond Market Support, Scale Back Monetary Measures

    By Editors | 01/07/2021

    The BOK is concerned that growing financial risks, household debt, and higher inflation could spark a new crisis.

    Securities / Derivatives

    ASIC Proposes New Guidance for Crypto-asset ETPs

    By Editors | 01/07/2021

    In ASIC’s view, only bitcoin and ether are likely to satisfy proposed criteria for determining whether a crypto-asset is appropriate as an ETP’s underlying asset.

    Securities / Derivatives

    SGX, Platts Partner to Provide Commodities Data, Content

    By Editors | 01/07/2021

    Titan OTC participants can access Platts’ data on commodities including iron ore, coking coal, steel, aluminum, copper, freight and battery metals.

    Enforcement

    FINRA Orders Record Financial Penalties Against Robinhood

    By Editors | 01/07/2021

    Robinhood has been ordered to pay $70mn for systemic supervisory failures and significant harm suffered by millions of customers.

    Big Picture

    FSB Offers Policy Options to Enhance MMF Resilience

    By Manesh Samtani | 01/07/2021

    Requirements for MMFs could include capital buffers, higher liquidity requirements, or the removal of the stable NAV, among other options.

    Fintech / Regtech

    German Firms Validate Derivatives Use Case for Smart Contracts

    By Sanday Chongo Kabange | 01/07/2021

    Smart derivative contracts simplify and accelerate settlement processes of OTC derivatives and create economic advantages for counerparties.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team