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Securities / Derivatives
US SEC Proposes New Rule to Increase Short Selling Transparency
By Editors | 28/02/2022
Institutional investment managers will have to report information relating to short positions to the SEC on a monthly basis. The data will be aggregated and made available to the public.
Securities / Derivatives
BIS Launches Green Bond Fund Dedicated to APAC Region
By Editors | 28/02/2022
This is the third green bond fund launched by the BIS. It will help channel central bank reserves to green projects in the Asia and Pacific region.
Securities / Derivatives
US Fed Approves New Trading Rules for Senior Officials
By Sanday Chongo Kabange | 27/02/2022
The rules aim to support public confidence in the impartiality and integrity of the FOMC’s work by guarding against “even the appearance of any conflict of interest”.
Securities / Derivatives
BSEC Reduces Minimum Investment Limit for SME Boards
By Editors | 27/02/2022
The BSEC eased the limit in response to requests from merchant bankers. Stock exchanges are directed to provide registration to investors free of cost.
Fintech / Regtech
ICE Makes ‘Strategic Investment’ in Digital Securities Platform tZero
By Editors | 24/02/2022
tZERO operates a digital marketplace for unique private assets, public equities, cryptocurrencies, and other digital assets, including NFTs.
Securities / Derivatives
RBNZ to Gradually Unwind QE Programme Starting in July
By Ranamita Chakraborty | 24/02/2022
Rather than sell bonds back into the secondary market, the RBNZ will sell them to the Treasury at a pace of NZD 5 billion each fiscal year.
Market Infrastructure
ANNA Confirms Timeline for Implementing Revised ISIN Standard
By Editors | 24/02/2022
A highlight of the revised ISO 6166 ISIN standard is the formal inclusion of LEI, CFI and FISN as part of the minimum data record.
Securities / Derivatives
SET Revises Rules to Encourage Listings by Foreign Firms
By Editors | 24/02/2022
Foreign companies will now only have to retain financial advisors for 1 year after listing and the quiet period of strategic shareholders has been shortened to 1.5 years.
Securities / Derivatives
FSC Korea to Tighten IPO Lockup Rules Starting in March
By Sanday Chongo Kabange | 23/02/2022
A staggered lockup contracts system will be introduced to avoid sell orders being concentrated immediately after the end of the usual six-month lockup period.
Enforcement
Seoul Court Declares Lime Asset Management Bankrupt
By Editors | 23/02/2022
Investors lost an estimated KRW 1.7 trillion. Lime Asset Management has a reported KRW 520 billion in debt, compared to just KRW 19 billion in assets, which will be liquidated.
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