Securities / Derivatives

Securities / Derivatives

Philippine SEC Joins ASEAN Framework for Cross-border Funds

By Editors | 12/05/2021

Regulators from Singapore, Malaysia and Thailand – already part of the initiative – have signed a supplemental MoU admitting the Philippine SEC into the CIS framework.

Securities / Derivatives

CFA Institute Launches Working Group to Examine SPACs

By Sanday Chongo Kabange | 11/05/2021

The working group will publish a report in early 2022 and present its findings and policy recommendations, to US and global regulators.

Securities / Derivatives

OTC Clear Launches Clearing for SOFR-HONIA Cross-currency Swaps

By Editors | 11/05/2021

The SFC has approved the launch of clearing services for cross-currency interest rates swaps and basis swaps referencing HONIA and SOFR.

Enforcement

HKICPA, FRC Agree to Share Information, Refer Cases

By Editors | 11/05/2021

The MoU is expected to enhance audit quality, contribute to the development of the Hong Kong audit market, and promote confidence in the capital markets.

Big Picture

How Derivatives Exchanges Can Promote Sustainable Development

By Ranamita Chakraborty | 11/05/2021

A new report from the WFE and the UN’s SSE Initiative offers guidance on how derivatives exchanges can facilitate the sustainability transition.

Securities / Derivatives

Korea Offers Additional Support to SMEs, Low-Rated Corporates

By Sanday Chongo Kabange | 10/05/2021

The FSC has announced additional support for SMEs, low-rated companies, and corporate bond and CP issuers.

Big Picture

WEF Publishes Report Outlining Capital Market Use Cases of DLT

By Sanday Chongo Kabange | 10/05/2021

The report calls for a balance between innovation and market safeguards through standardisation, the breaking down of silos and regulatory engagement.

AML / KYC

US Court Lifts Investment Ban Against Luokung Technology Corp

By Editors | 10/05/2021

Separately, China Mobile, China Unicom and China Telecom have lost their appeals of a NYSE decision to delist their shares.

Securities / Derivatives

Malaysia to Allow Circuit Breaker to Revert to Original Parameters

By Editors | 10/05/2021

The decision reflects the improving economic outlook, the roll-out of the vaccination programme, and the normalisation of global market conditions.