Securities / Derivatives

AML / KYC

Biden Executive Order Amends, Clarifies China Blacklist

By Manesh Samtani | 04/06/2021

The revised EO is clearer, addresses many of the problem areas in the old EO, and is more enforceable, says Nick Turner at Steptoe & Johnson.

Securities / Derivatives

China’s SAFE Awards $10.3bn Worth of New QDII Quotas

By Editors | 04/06/2021

The new quotas, awarded to 17 institutions, represent the largest approval by SAFE in the history of the QDII scheme.

Market Infrastructure

Singapore Seeks to Enhance VCC Fund Structure

By Manesh Samtani | 04/06/2021

The enhancements will expand the types of investors that can use the VCC and ease conversion and redomiciliation processes.

Securities / Derivatives

SEBI Raises Overseas Investment Limits for Mutual Funds

By Editors | 03/06/2021

The overseas investment limit was raised from $600mn to $1bn. For investments in overseas ETFs, the limit was raised from $200mn to $300mn.

Securities / Derivatives

Hong Kong Passes Bill to Increase Stamp Duty on Stock Trades

By Manesh Samtani | 03/06/2021

HKEX has asked market participants to prepare their systems in preparation for the 1 August stamp duty increase.

ESG / Sustainability

Transparency & Data Needed to Fuel Green Equity Growth

By ESG Investor | 03/06/2021

The evolving asset class still presents risks due to differing definitions, transparency levels and data quality, according to panellists at an ASIFMA conference.

Securities / Derivatives

Philippine SEC Issues Draft Guidelines for ASEAN CIS Framework

By Editors | 03/06/2021

The draft guidelines will operationalise the supplemental MOU signed last month to admit the Philippines to the ASEAN CIS framework.

Crypto / Digital Assets

Bursa Malaysia Concludes Blockchain Bond POC with STACS

By Sanday Chongo Kabange | 03/06/2021

The collaborative efforts from the PoC have established a new ‘Bond in a Box’ operating model that shows commercial potentials, the project report says.

Securities / Derivatives

Japan Considers Allowing SPAC Listings – Report

By Editors | 02/06/2021

Japan may allow SPAC listings on its markets as part of its growth strategy as early as next year.