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ESG / Sustainability
Malaysia SC Publishes Updated Corporate Governance Code
By Editors | 29/04/2021
The update focuses on selection and nomination processes for directors, including to address issues with board diversity and sustainability.
Securities / Derivatives
Bank Losses from Archegos Collapse to Exceed $10bn
By Sanday Chongo Kabange | 29/04/2021
New disclosures from UBS and Nomura have raised estimates of the total losses to banks to over $10.5bn.
Crypto / Digital Assets
CBIRC Warns of Crackdown on Illegal Fundraising Activities
By Editors | 29/04/2021
New regulations on the prevention and handling of illegal fundraising activities come into effect from 1 May.
Securities / Derivatives
MAS Forms Industry Group to Develop Asset Management Sector
By Editors | 28/04/2021
The Singapore Funds Industry Group will bring together key players to formulate strategies to develop the asset management ecosystem.
Securities / Derivatives
China Lawmakers Commence Review of New Futures Law
By Manesh Samtani | 28/04/2021
The law will stipulate rules for futures trading, settlement and delivery systems, establish investor protection mechanisms, and include netting provisions.
ESG / Sustainability
IMAS Launches ESG E-Learning Module for Asset Managers
By Editors | 27/04/2021
The module covers the EnRM Guidelines issued by MAS in December, supplemented with case studies to facilitate application by the industry.
Securities / Derivatives
Ant Group Money Market Fund Shrinks to Four-Year Low
By Ranamita Chakraborty | 27/04/2021
In response to regulatory pressure, Ant Group has been urging investors through in-app notifications to switch to other funds.
Enforcement
Shanghai Court Granted Jurisdiction to Hear Cross-border Cases
By Sanday Chongo Kabange | 27/04/2021
The Shanghai Financial Court is the second Chinese court allowed to handle disputes involving overseas securities and financial institutions.
Market Infrastructure
HK, China to Launch Southbound Bond Connect in July – Report
By Sanday Chongo Kabange | 27/04/2021
The relevant regulations will reportedly be issued in May, with a view to launching the southbound bond trading link on 2 July.
ESG / Sustainability
Australia: Super Fund Body Launches New Climate Change Policy
By Ranamita Chakraborty | 27/04/2021
The Australian Council of Superannuation Investors is seeking the integration of climate change risk in super fund investment strategies.
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