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Enforcement
SFC Probes CLSA Over CEFC Energy Bond Deal
By Sanday Chongo Kabange | 25/06/2021
A former CLSA managing director has accused CLSA of “blatant” misbehaviour as bond underwriter for the now-defunct CEFC Energy.
Securities / Derivatives
China Launches Crude Oil, Palm Oil Options Contracts
By Sanday Chongo Kabange | 25/06/2021
The new contracts are the first options contracts to launch in China that are accessible to foreign investors.
Enforcement
SGX RegCo Set to Expand Enforcement Powers
By Manesh Samtani | 25/06/2021
From 1 August, SGX RegCo will be able to issue public reprimands, require issuers to comply with specified conditions, and demand director resignations.
Securities / Derivatives
CBSL Lifts Ban on Banks Buying Sri Lankan Sovereign Bonds
By Ranamita Chakraborty | 25/06/2021
Banks can purchase Sri Lankan sovereign bonds in the secondary market only using freshly raised borrowings from overseas.
Enforcement
SFC Fines Deutsche Securities Asia Over Prime Brokerage Statements
By Editors | 25/06/2021
A system design caused a failure to distinguish between ex-entitlement dates and settlement dates of bonus share events in periodic statements.
Big Picture
Citadel Securities Offers Best Practices to Address Exchange Outages
By Manesh Samtani | 24/06/2021
Common issues that have compounded the impact of recent outages continue to be largely overlooked by some exchanges.
Securities / Derivatives
SEC Thailand Revises Guidelines on Depositary Receipts
By Sanday Chongo Kabange | 24/06/2021
The revisions seek to facilitate the introduction of more depositary receipt products in the Thai capital market.
Capital / Liquidity
NZ FMA Unimpressed With Liquidity Practices at Funds
By Manesh Samtani | 24/06/2021
The FMA says liquidity stress tests are not being performed frequently enough and fund managers do not have sufficient liquidity management tools.
Securities / Derivatives
Shanghai, Shenzhen List First Infrastructure REITs for Trading
By Editors | 23/06/2021
All nine REITs opened higher on their first day of trading, highlighting enthusiasm from investors for the new type of equity securities.
Fintech / Regtech
DBS Launches Automated Digital Bond Issuance Platform
By Editors | 23/06/2021
FIX Marketplace enables issuers to digitalise their bonds for direct issuance in the market, while allowing for direct interaction with investors.
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